The Board of Directors of Afiniti Ltd. ("Afiniti") has named Larry Babbio as 
Chair of the Board of Afiniti, effective immediately. Mr. Babbio has served as 
a Director of Afiniti's Board since 2016. The former Vice Chair and President 
of Verizon Communications, Inc., Mr. Babbio brings with him the deep knowledge 
and experience necessary to guide Afiniti forward.

Afiniti today also announced the formation of a Special Committee of the Board 
to investigate issues surrounding the conduct of its former CEO and Chair. 
Leslie R. Caldwell, Latham & Watkins, LLP, will lead the investigation. Ms. 
Caldwell previously served as Assistant Attorney General of the United States 
Department of Justice's Criminal Division.

"As Chair, my immediate priority is to keep our people safe and ensure that we 
continue to deliver the best possible service for our clients. This 
investigation is an important and necessary first step in building a better 
future for Afiniti," said Mr. Babbio.

Media Contact
media@afiniti.com

SOURCE  Afiniti