SWK Holdings Corporation announced that on November 16, 2015, Brett Pope, the company's Chief Executive Officer, gave notice that he will resign effective January 12, 2016, to pursue other interests. Mr. Pope will also resign from the Board of Directors effective January 12, 2016. The Board of Directors has promoted Winston Black, currently Managing Director, to the role of Chief Executive Officer, effective upon Mr. Pope's departure.

Messrs. Pope and Black joined SWK in May 2012 to launch the company's specialty finance business.