On June 14, 2022, Associated Capital Group, Inc. announced that its Executive Vice President Timothy H. Schott, was resigning as an officer and employee of the Company, effective July 8, 2022, to pursue opportunities outside of the Company. The Board of Directors of the Company intends to conduct a search for a new Chief Financial Officer to replace Mr. Schott. Patrick Huvane, the Chief Financial Officer for affiliate Teton Advisors, Inc., and Ian McAdams, the Company's Manager of External Reporting and Technical Accounting, will serve as Co-Chief Financial Officers on an interim basis until such time as the Board of Directors has named a successor to Mr. Schott.