On September 11, 2015, Raphael Perez tendered his resignation as the President, Chief Executive Officer, Chief Financial Officer and Director of Balance Labs, Inc., by providing a notice to the Board of Directors of the company. Effective September 11, 2015, the Board appointed Michael D. Farkas, company's Chairman of the Board, as the President, CEO and CFO of the company. Michael D. Farkas, served as the Chief Executive Officer of Balance Labs, Inc. from its inception on June 5, 2014 until January 15, 2015 and has been the Chairman of the Board since inception.

In August 2015 Mr. Farkas resigned as CEO and now serves as Chairman of the Board and Chief Visionary Officer of Car Charging Group. Mr. Farkas also currently holds the position of Chairman and Chief Executive Officer of the Atlas Group Effective September 11, 2015, the Board appointed Aviv Hillo as a Director of the Board. Aviv Hillo, is co-founder of Ariel Photonics Assembly Ltd. Mr. Hillo has been a partner at Schechter Hillo Law Offices since 2004, and is the CEO and founder of Edison Capital Ltd. since 2013.