On January 18, 2019, the Board of Directors of SPAR Group, Inc. appointed Jeffrey Mayer to the Board and accepted Lorrence T. Kellar's retirement from the Board in connection with the Settlement. The Board also appointed Mr. Mayer to the Board's Compensation Committee on the recommendation of its Governance Committee. Jeffrey Mayer has had a long career as an entrepreneur and executive in the energy industry. Since 2011, Mr. Mayer founded and served as President and CEO of Soluxe Inc., and chairman of its subsidiaries, Solomon Energy Inc. and Solomon Energy Advisors LLC. Since 2015, Mr. Mayer served as advisor to and venture partner of Oak Investment Partners. Since 2016, Mr. Mayer founded and served as an executive director of Speedy Translation Services.
SPAR Group, Inc. is a global merchandising and brand marketing services company. The Company is engaged in offering merchandising, marketing and distribution solutions to retailers and brands. It provides the resources and analytics that improve brand experiences and transform retail spaces. Its segments include Americas; Asia Pacific (APAC), and Europe, Middle East, and Africa (EMEA). The Company provides six principal types of services: merchandising and marketing, category management and setup, remodel and retail transformation, assembly and installation, business analytics and insights, and fulfilment and distribution. It represents various manufacturers and/or retail clients in a range of retail segments and stores worldwide. Its clients in the retail segments include convenience, cash and carry, home improvement, consumer electronics, automotive, and others. Its clients in the manufacturer segments include personal technology, consumer electronics, consumables, and others.
SPAR GROUP, INC. 
