On April 21, 2014 Panache Beverage Inc. announced that James Dale resigned as President, Chief Executive Officer, Acting Principal Accounting Officer and Director. Agata Podedworny resigned as Chief Operating Officer and Director. Sjoerd de Jong resigned as Vice President of Sales and Director.

Charles T. Cassel resigned as Chairman of the Board and as Director. On April 21, 2014, the company appointed Michael Romer, Managing Director of the company, to serve as interim President and Chief Executive Officer of the company pending the company's selection of a successor to serve as President and Chief Executive Officer. Romer will continue to maintain his position as a director and shall continue his employment at his current level of compensation.