Mr Recatto has significant operational and public company experience and has served as the company’s COO since December 2007. He joined the company as vice president in March 2007 as a result of the acquisition of BMJ Industrial Investments, and its wholly owned subsidiary Charles Holston, where he served as its president since 2004.
As previously announced, James Eckert, Omni’s current president, CEO and chairman, intends to retire during 2008 and has agreed to serve as a consultant to Omni after his retirement. Mr Eckert will continue to serve in all three capacities through June 30, 2008, and will thereafter be available to assist Mr Recatto in his transition as the company’s next CEO in his capacity as a consultant to the company and will additionally continue as a member of the board of directors.
Mr Eckert said: The Omni board conducted an extensive search for a new CEO after being informed in January of my decision to retire in 2008. I am pleased that Brian has agreed to step into this expanded leadership role, and I’m confident that his broad experience and strong executive skills will be invaluable to the company as it moves forward.
