SPAR Group Elects Mr. Sean M. Whelan and Mr. Michael Wager to its Board of Directors
October 21 2021 - 8:00AM
The SPAR Group, Inc. (NASDAQ: SGRP) ("SPAR Group") board of
directors (the Board") has elected Sean M. Whelan and Michael Wager
to the Board, effective October 14, 2021.
Mr. Sean M. Whelan is currently the Chief
Executive Officer, and was previously the Chief Financial Officer,
for Encore Rehabilitation Services. Mr. Whelan has also held the
Chief Financial Officer role for several other public and private
companies including Smile America Partners, Bedrock Manufacturing,
LLC, Diplomat Pharmacy and InfuSystem Holdings, Inc. Mr. Whelan is
currently a Board member and Chairman of the Audit Committee with
Zomedica Corp (NYSE American: ZOM) and also a Board member with
OptioRx; he previously served as an Executive Board member with
Diplomat Pharmacy and InfuSystem Holdings, Inc. Mr. Whelan earned
his Bachelor of Business Administration Degree and his Master of
Accounting Degree at the University of Michigan’s Ross School of
Business and is a CPA.
Mr. Michael Wager is an attorney who has
specialized in securities, reorganizations, M&A and regulatory
compliance throughout his career. Mr. Wager is currently a Senior
Counsel with Taft Stettinius & Hollister LLP serving in an
advisory role and the Chief Strategy Officer for Byrna
Technologies. Mr. Wager is also currently a member of the board and
serves as the Chairman of the Audit and Governance Committees for
Michael Anthony Holdings. Mr. Wager earned his Bachelor
of Arts, Political Science Degree at the American University,
College of Public Affairs, his Master of Arts, Political Science
Degree at Columbia University, Graduate School of Arts and
Sciences, and his Juris Doctor Degree at New York University School
of Law.
Mr. Robert G. Brown, SPAR Group's Chairman, said
“I am pleased to welcome both Sean and Michael to the board at this
exciting time for SPAR Group. Sean brings deep financial acumen and
a track record of success and Michael brings decades of experience
in governance and strategy. This combination of skills will be of
immense value to SPAR Group’s Board.”
As a result of the appointments of Mr.
Whelan and Mr. Wager as directors and other determinations made by
the Board, on October 20, 2021, Nasdaq confirmed that SPAR Group is
now in compliance with Nasdaq's majority independent Board and
Audit Committee requirements.
About SPAR
Group
SPAR Group is a global merchandising and
marketing services company, providing a broad range of services to
retailers, manufacturers and distributors around the
world. With more than 50 years of experience, 25,000+ merchandising
specialists around the world, an average of 200,000+ store visits a
week and long-term relationships with some of the world’s leading
manufacturers and retail businesses.
For more information, please visit the SPAR
Group's website at http://www.sparinc.com.
Forward-Looking Statements
Our press release contains "forward-looking
statements" as that term is used in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements can be
identified by the fact that they address future events,
developments or results and do not relate strictly to historical
facts. Any statements contained in this press release that are not
statements of historical fact may be deemed to be forward-looking
statements. Forward-looking statements include, without limitation,
statements preceded by, followed by or including words such as
believe, anticipate, expect, intend, plan, view, target or
estimate, may, will, should, predict, possible, potential,
continue, or strategy, and similar expressions. For example, our
forward-looking statements include statements regarding our plans
and expectations regarding Distribution Center resource market
needs. These statements are subject to risks and uncertainties. For
a discussion of the risks, uncertainties and assumptions that could
affect our future events, developments or results, you should
carefully review the "Business, ” Risk Factors," and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" sections in our Annual Report on Form 10-K filed March
31, 2021, our First Amendment to that Annual Report filed on April
29, 2021, our amended Proxy Statement filed on July 20, 2021, our
Form 10-Q for the most recently ended fiscal quarter and other
filings we make from time to time with the Securities and Exchange
Commission. We are not obligated to release update or publicize any
revisions to any forward-looking statements contained in this press
release to reflect events or circumstances occurring after the date
of this report and you should not expect us to do so.
Contact:
Dave Mossberg
(817) 310-0051
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