Hudson Global Inc. announced that on April 1, 2018, Stephen A. Nolan gave notice to the Board of Directors of the company of his resignation as Chief Executive Officer and a director of the company effective as of April 1, 2018. On April 1, 2018, following the resignation of Mr. Nolan, the Board of Directors of the company appointed Jeffrey E. Eberwein, the Chairman of the Board of Directors, as Chief Executive Officer, and Richard K. Coleman, Jr., a director of the company, as the Chairman of the Board of Directors. Mr. Eberwein has served as a director of the company since May 2014.

Mr. Eberwein is the Chief Executive Officer of Lone Star Value Management, an investment firm he founded in 2013, and which is in the process of winding down its main fund, Lone Star Value Investors, LP. He has 25 years of Wall Street experience, and has valuable public company and financial expertise gained through his employment history and directorships.