Q Investments Ltd. announced that Georg Hochwimmer and Gordon Nielsen have resigned from the board of directors. Mr. Nielsen has served as a director of the company since August 27, 2015 and Mr. Hochwimmer has served as a director of the company since December 5, 2014. In addition, John Martin has resigned from his management positions as the company's President and Chief Executive Officer but will remain as a director of the company.

To fill the vacancies created by these resignations, Michael J. Andrews and John Proust have been appointed as directors of the company. Mr. Andrews will also serve as the company's President and Chief Executive Officer effective immediately.