Higher One Forms Committee to Find New CEO

Higher One Holdings

announced that Company Co-Founders Miles Lasater and Mark Volchek and the Board of Directors have initiated a succession plan to bring the next level of senior leadership into the Company. The Board of Directors is forming a search committee and has selected the executive recruiting firm of Spencer Stuart to conduct a search for a new CEO. Mr. Volchek will continue in his role as CEO, will assume the duties of President effective January 10, 2014 and remains on the Board of Directors. Additionally, Mr. Volchek intends to work