On May 26, 2016, Mr. Sheldon Erikson, a member of the Board of Directors of C&J Energy Services Ltd., notified the Board that he was resigning effective immediately upon the appointment of Jay Golding as his successor. Prior to his resignation, Mr. Erikson served on the Compensation Committee and the Nominating & Governance Committee of the Board. Mr. Erikson's decision was not the result of any disagreement with the Company or the Board. Mr. Erikson was designated by Nabors Industries Ltd. on June 3, 2015 to join the C&J Board. He was appointed to the C&J Board on June 4, 2015. On May 26, 2016, the Nominating & Governance Committee of the Board reviewed Mr. Golding's qualifications and recommended to the Board, and the Board subsequently approved, Mr. Golding's appointment to the Board to replace the Class I director position vacated by Mr. Erikson. Mr. Golding has also replaced Mr. Erikson on the Compensation Committee and the Nominating & Governance Committee of the Board. Mr. Golding is currently President and Chief Executive Officer of Port Chester Industries Mr. Golding currently serves as a director on the boards of Seitel Inc., a position he has held since April 2004; as a director of Intercare Holdings Inc., a position he has held since 2008; and as a manager of AeroCision, LLC., a position he has held since 2011. He also serves as an advisory director of Benchmark Hospitality International, a position he has held since 2005.