On July 21, 2016, Fantex, Inc. appointed Ted Monohon as the company's principal accounting officer, effective as July 21, 2016. Mr. Monohon has served as the company's Controller and Vice President of Finance since June 2012 and as the Chief Financial Officer of Fantex Brokerage Services, LLC. On July 21, 2016, David Mullin the company's Chief Financial Officer, advised the company of his decision to resign from his position as the company's Chief Financial Officer, effective as of July 31, 2016.