Management Change/Compensation - Form 8-K

On April 16, 2024, the Board of Directors of The LGL Group, Inc. ("LGL," LGL Group," or the "Company"), by unanimous written consent, appointed Christopher L. Nossokoff, age 34, currently LGL Group's Vice President - Finance, to serve as LGL Group's principal financial officer.

Mr. Nossokoff is a graduate of Clemson University, where he earned a Bachelor of Science in Accounting, as well as Indiana University, where he earned a Master of Science in Accounting from the Kelley School of Business. Prior to joining LGL Group in December 2023, Mr. Nossokoff worked for the public accounting firm PricewaterhouseCoopers LLP from 2016 to 2023, public accounting firm Grant Thornton LLP from 2015 to 2016, and public accounting firm Ernst & Young LLP from 2013 to 2015.

Mr. Nossokoff replaces James W. Tivy as the Company's principal financial officer. Mr. Tivy resigned as Chief Accounting Officer and principal financial officer effective April 16, 2024.

There are no arrangements or understandings between Mr. Nossokoff and any other person pursuant to which he was appointed to serve as the Company's principal financial officer. Mr. Nossokoff has no family relationship with any director or executive officer of the Company, and he has no direct or indirect interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.