On August 7, 2021, the Board of Directors of Mentor Capital, Inc. (the "Company") appointed Chet Billingsley, a Director of the Company and the Company's Chief Executive Officer, to serve as the Company's principal financial officer. Mr. Billingsley, 68, has been the Company's Chief Executive Officer and Director since 1994. On August 15, 2009, Mr. Billingsley was elected Chairman of the Board of Directors, and on May 6, 2017, Mr. Billingsley was appointed a member of the Company's Audit Committee.