On February 25, 2020 the board of directors of Crescent Acquisition Corp, increased the size of the Board from six to seven members and appointed Sandra Naftzger as a Class II director. Ms. Naftzger will serve as a member of the Compensation Governance Committee and the Audit Committee. The Board has determined that Ms. Naftzger is independent within the meaning of the independence standards of the Securities and Exchange Commission and the NASDAQ Marketplace Rules. Ms. Naftzger runs family owned businesses in California, concentrating in oil and gas production and cattle ranching. Her previous work experience includes positions as Director of Business Development at The Times Mirror Company and Vice President of Corporate Finance at Drexel Burnham Lambert. Ms. Naftzger has previously served on the Board of Directors of Water.org.