Stratus Media Group Appoints Seymour Siegel As I
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Stratus Media Group, Inc. (OTCQB:SMDI), a global live events company, announced today the appointment of Seymour G. Siegel as an Independent Member of its Board of Directors and Chairman of its Audit Committee. He replaces Jerry Rubinstein as Chairman of the Audit Committee. Having become Chairman and CEO of Stratus Media in June of 2012, Mr. Rubinstein is no longer an independent board member and was obliged to step down from the audit committee.
Mr. Siegel is a CPA, inactive, and a principal at Rothstein Kass, a national firm of accountants and consultants, where he is a trusted advisor to business owners and responsible for business introductions. Mr. Siegel was a founder of Siegel Rich & Co. CPA’s, which eventually merged with WeiserMazars LLP, a large regional firm. He was a senior partner there until selling his interest and co-founding a business advisory firm, which later became a part of Rothstein Kass. He has been a director and officer of numerous businesses, philanthropic and civic organizations. As a professional director, he has served on the boards of about 10 public companies over the last 20 years, generally as audit committee chairman. He is currently a director and chairman of the audit committees of Hauppauge Digital, Inc., Air Industries Group, Inc., and Premier Alliance Group, Inc.
“It would be difficult to find anyone more qualified than Seymour to serve as Chairman of our Audit Committee. As we gear up for growth at Stratus Media, it is important that we put all the necessary corporate governance structures in place. We are excited about our upcoming business initiatives and we will benefit from Seymour’s expertise while we execute on our plans,” stated Stratus Media Group Chairman and CEO, Jerry Rubinstein.
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