On May 3, 2016, Ubiquiti Networks, Inc. appointed Kevin Radigan as Chief Accounting Officer effective May 3, 2016. Effective as of such date, Mr. Radigan will also assume the roles of principal financial officer and principal accounting officer. Effective May 3, 2016 and in connection with the appointment of Mr. Radigan, Mark C. Spragg resigned from his position as Interim Chief Accounting Officer of the Company. Mr. Spragg will continue to provide accounting and advisory services to the Company pursuant to an agreement for advisory and interim management services between the Company and FTI Consulting, Inc., effective June 29, 2015. From January 2012 to March 2016, Mr. Radigan, served as Chief Financial Officer at American Medical Alert Corp., where he was responsible for the finance and accounting department.