On May 15, 2017, The ONE Group Hospitality, Inc. announced the appointment of Linda Siluk as Interim Chief Financial Officer, effective May 16, 2017. Linda Siluk agreed to serve as Interim Chief Financial Officer. Ms. Siluk is eligible to participate in the Company's 401(k) plan, health plans and other benefits on the same terms as other salaried employees. In the event that Ms. Siluk is terminated without cause, she will receive payment for the six month term in full, payable in one lump sum. Prior to joining the Company, Ms. Siluk served as the Senior Vice President and Chief Accounting Officer for Fairway Group Holdings Corp. from June 2015 to February 2017, as the Vice President and Finance and Chief Accounting Officer from October 2011 to June 2015, and as Senior Project Manager from August 2009 to October 2010.