Omagine appoints Jack A. Smith as independent director
Mr. Smith will chair the audit committee and be the audit committee financial expert in addition to serving as the Board's lead independent Director. He will also serve as a member of the compensation committee.
Mr. Smith founded and was the chief executive officer of a NYSE company - The Sports Authority, Inc. (TSA). He was the Chairman of TSA until it was sold in 1999.
Previously Mr. Smith served in executive management positions at W.R. Grace & Co. and with other major companies including Herman's Sporting Goods, Sears & Roebuck and Montgomery Ward.
In 2006 he joined the board of I-Trax, an AMEX listed health care provider and Carrols, whose public company spinoff, Fiesta, appointed him in 2012 as Non-Executive Chairman of the Board. ■