People: Forward Industries Inc (FORD.W)

FORD.W on CBOE When Trading NASDAQ Global Select Market

1.96USD
23 Apr 2013
Price Change (% chg)

$-0.06 (-2.97%)
Prev Close
$2.02
Open
$2.05
Day's High
$2.05
Day's Low
$1.96
Volume
200
Avg. Vol
17
52-wk High
$2.25
52-wk Low
$1.02

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Summary

Name Age Since Current Position

Frank Johnson

45 2010 Non-Executive Chairman of the Board

Robert Garrett

45 2012 Chief Executive Officer

James McKenna

38 2008 Chief Financial Officer, Treasurer, Assistant Secretary

Terence Wise

64 2012 Director

John Chiste

56 2008 Independent Director

Timothy Gordon

38 2012 Independent Director

Owen King

48 2010 Independent Director

Howard Morgan

52 2012 Independent Director

Biographies

Name Description

Frank Johnson

Mr. Frank LaGrange Johnson is Non-Executive Chairman of the Board of Forward Industries, Inc. Mr. Johnson founded LaGrange Capital Partners, L.P. (“LaGrange”) in May 2000. Mr. Johnson’s distinguished career in the financial and consulting industries brings financial and operational leadership experience to the Board.

Robert Garrett

Mr. Robert Garrett, Jr., is Chief Executive Officer of Forward Industries, Inc. He served as Co-Chief Executive Officer from April 2012 through August 30, 2012. Mr. Garrett served as a consultant to Forward from October 2011 to February 2012 and as a director from February 2012 to April 2012. Prior to joining the Company, Mr. Garrett was the president of Arcadia Aviation, which he founded in 2005 to acquire aviation service businesses catering to the corporate jet marketplace at underdeveloped airports in close proximity to the nation’s top metropolitan areas. Previously, Mr. Garrett managed the operational turnaround of a consumer products company on behalf of Union Capital Corporation, a New York private equity firm. Before Union Capital, Mr. Garrett worked for Sony Corporation where he was the senior financial executive of a joint venture between Sony Corporation of America and Sony Pictures. Mr. Garrett serves on the Board of Directors of the YMCA of Greater New York and the Interfaith Center of New York.

James McKenna

Mr. James Owen Mckenna, III, is Chief Financial Officer, Treasurer, Assistant Secretary of Forward Industries Inc. Prior to that time he served as the Company’s Controller since December 2003. Prior to joining Forward, Mr. McKenna was employed as Assistant Controller with Medallist Developments Inc., a real estate development company, from January 2002 to December 2003 and as an auditor with Ernst and Young LLP from September 1996 to December 2001. Mr. McKenna is a Certified Public Accountant.

Terence Wise

Mr. Terence Wise is Director of Forward Industries Inc. Mr. Wise is the Chairman of The Justwise Group Limited, which he founded in 1977. In addition to his business management skills, Mr. Wise brings experience in Asian markets to the Board.

John Chiste

Mr. John F. Chiste is Independent Director of Forward Industries Inc. Mr. Chiste has been the Chief Financial Officer of Falcone Group, a privately held diversified portfolio of real estate companies, since 2005. From 1997 to 2005, Mr. Chiste was the Senior Vice President, Chief Financial Officer and Treasurer of Bluegreen Corporation, a publicly held developer and operator of timeshare resorts.

Timothy Gordon

Mr. Timothy Gordon is Independent Director of Forward Industries, Inc. Mr. Gordon is a co-founding partner of Arditi Gordon Management LLC (AGM), a real estate investment firm, and has worked there since 2009. AGM invests in real estate recapitalizations and development opportunities, primarily in New York City and Miami. Prior to launching AGM, Mr. Gordon served as a partner of LaGrange Capital Partners from 2003 to 2008, a special situations hedge fund. Mr. Gordon began his career at the Blackstone Group in the restructuring area. Following Blackstone, Mr. Gordon worked in private equity at Palladium Equity Partners.

Owen King

Mr. Owen P. J. King is Independent Director of Forward Industries, Inc. Mr. King has been the President and CEO of Stonehurst Management LLC, a New York-based registered investment adviser, since December 2002. Mr. King brings business management, financial, and operational skills and experience to the Board.

Howard Morgan

Mr. Howard Morgan is Independent Director of Forward Industries Inc. Mr. Morgan has been the Managing Director of The Justwise Group Limited (“Justwise”) since 1997, having previously been employed by Justwise in various senior executive roles since 1989. Justwise specializes in the procurement of consumer durable products from Asia and are established suppliers to a list of UK multi-channel retailers, offering sourcing solutions and comprehensive R&D covering the home furniture sector.

Basic Compensation

Name Fiscal Year Total

Frank Johnson

--

Robert Garrett

--

James McKenna

664,138

Terence Wise

--

John Chiste

--

Timothy Gordon

--

Owen King

--

Howard Morgan

--
As Of 29 Sep 2011

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