On May 5, 2017, the Board of Directors (the Board) of C&J Energy Services, Inc. appointed Mr. Michael Galvan to the role of Senior Vice President and Chief Accounting Officer. With this appointment, Mr. Galvan replaces Mr. Mark Cashiola, who currently serves as the Company's Chief Financial Officer. As previously disclosed, on June 15, 2016, Mr. Mark Cashiola was appointed as the Company's Chief Financial Officer, and at such time he continued in the role as the Company's Chief Accounting Officer, a position he had held since 2011. Mr. Cashiola will continue in his role as the Company's Chief Financial Officer. Mr. Galvan, age 48, joined C&J in 2014 and most recently served as Vice President of Technical Accounting.