Smart Move (MVE) Appoints Jeff McGonegal as Board Member and Chairman of its Audit Committee
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Smart Move, Inc. (Amex: MVE) announced the appointment of Jeff McGonegal to serve as a member of the Board of Directors and as Chairman of its Audit Committee. The appointment will be effective as of September 15, 2008. Mr. McGonegal will replace Doug Kelsall who resigned as a member of the Board and as Chairman of the Audit Committee effective as of the same date in order to devote his time to other professional endeavors that currently demand significantly more of his time. The number of Board members remains unchanged at six members. Mr. McGonegal was determined by Smart Move's Board to be an "independent" director under applicable SEC and American Stock Exchange rules and is the Audit Committee Financial Expert.
Mr. McGonegal, 57, has, since June 2003, served as the Chief Financial Officer of AspenBio Pharma, Inc., (Nasdaq: APPY), a publicly held biotechnology research and development company. He also serves as Chief Financial Officer and currently as Chief Executive Officer of Security With Advanced Technology, Inc. (Nasdaq: SWAT), a publicly held provider of hardware and software security related products.
Smart Move, Inc. (Smart Move) is a moving services and asset management company.[SM]
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