On December 11, 2014, Edmund M. Jaskiewicz informed the Board of Directors of American Bio Medica Corporation of his decision to step down from his position of Director and Chairman of the Board of Directors. On December 19, 2014, the company's Board of Directors received written confirmation of this decision in a letter from Mr. Jaskiewicz dated December 17, 2014. On December 22, 2014, upon recommendation of the company's Nominating Committee of the Board of Directors, the Board of Directors appointed Diane J. Generous to fill the board seat vacancy created by Mr. Jaskiewicz's resignation.

On December 22, 2014, upon recommendation of the company's Nominating Committee of the Board of Directors, the Board of Directors appointed Richard P. Koskey to the position of Chairman of the Board of Directors. Mr. Koskey has been a director of the company since 2003 and he currently serves as the Chairman of the Audit Committee of the company's Board of Directors and as a member of the Compensation and Nominating Committees.