On August 15, 2017, Emergent Capital, Inc. announced Antony Mitchell of its intention to pursue the termination of his employment as Chief Executive Officer in accordance with the terms of his employment agreement with the company. Effective August 15, 2017, the Board of Directors of the company appointed Patrick J. Curry, the Chairman of the Board, as Interim Chief Executive Officer to serve in such capacity during the termination process set forth in Mr. Mitchell's employment agreement and until a new Chief Executive Officer is appointed. Mr. Curry currently serves as the President and Chief Executive Officer of PJC Investments, LLC. Previously, from 1997 to 2003, Mr. Curry served as Executive Vice President and a director of Central Freight Lines, Inc.