On March 10, 2017, the Board of Directors of Continental Building Products, Inc. elected Mr. Ira Strassberg to the Board, and in connection with his election, expanded the Board to seven members. Mr. Strassberg will serve as a Class II director with a term ending at the company’s 2019 annual meeting of stockholders. The Board affirmatively determined that Mr. Strassberg is independent under the New York Stock Exchange corporate governance rules. Mr. Strassberg has served as Chief Financial Officer for Cantor Commercial Real Estate Company L.P. (CCRE) since 2014, and as Chief Financial Officer for Berkeley Point Capital LLC since 2012. On March 15, 2017, David Obergefell, Senior Vice President Manufacturing, retired from the company, and Bruce Major, formerly Vice President, Strategy and Strategic Sourcing, has been appointed Senior Vice President, Manufacturing and Strategic Sourcing of the company.