On August 15, 2016, Gregory M. Zoloty informed Hickok Incorporated of his decision to retire as Vice President, Finance, Chief Financial Officer, Chief Accounting Officer and Assistant Secretary of the Company. The effective date of Mr. Zoloty's retirement has not yet been determined, although he will continue to perform in his current role with the Company on a full time basis until at least December 16, 2016 in order to effect a smooth transition of responsibilities.