Founding Board Member to Lead OmniTRAX Audit Committee
Written by Andrew Corselli
OmniTRAX, an affiliate of The Broe Group, has announced that Mike Brothers will chair its newly established Audit Committee, which will be comprised of OmniTRAX board members, Broe family members and management representatives, and commences its work immediately.
The Audit Committee is tasked with delivering financial reporting and analysis to inform company strategy. Audit activities were previously the responsibility of the entire board.
Brothers, a founding OmniTRAX board member, participated in the recruitment of the current management team and its most recent board additions.
A Chicago native, Brothers currently serves as managing director in debt capital markets for Fifth Third Bank and combines two decades of transportation experience with an extensive career aiding privately held entrepreneurial businesses. He graduated from Bradley University and holds a MBA from The University of Notre Dame.
“Given our dramatic pace of growth, we’ve reached the point where a formal committee’s collaborative guidance can really provide invaluable insights to help our executive team leverage our financial performance,” said OmniTRAX CEO Kevin Shuba. “Mike’s knowledge of the company from working with us for 20 years and his leadership will help the Audit Committee provide the guidance to enable strong fiscal agility and certainty as we weigh future strategic opportunities.”
“OmniTRAX assembled a world-class leadership team that continues to post impressive growth,” said Brothers. “Our committee work will ensure that leadership has the critical financial tools to maintain its extraordinary trajectory.”
