On January 20, 2016, Terrence Kearney, a director of Innoviva, Inc. notified the company's Board of Directors that he does not intend to run for re-election at the company's 2016 Annual Stockholder Meeting. Mr. Kearney's decision to not run for re-election was due to his desire to focus his time on working with companies that are actively developing new product candidates and was not the result of any disagreement with the company relating to the Company's operations, policies or practices.