Omega Flex, Inc. Announces Election of a Director: Stephen M. Shea

Rhea-AI Summary

Omega Flex, Inc. appoints Stephen M. Shea as a director, bringing extensive experience in the HVAC manufacturing industry. Mr. Shea will serve on the Audit committee until the 2025 annual shareholder meeting.

EXTON, Pa., April 09, 2024 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announces that that our board of directors elected Stephen M. Shea as a director. Mr. Shea has been designated as a Class 2 director, and he will have a term expiring at the 2025 annual shareholder meeting. He will serve on our Audit committee.

Mr. Shea is currently the Executive Vice President and Chief Financial Officer of Mestek, Inc., the Company’s former parent corporation. He served as Mestek, Inc.’s principal financial and accounting officer prior to its going private transaction in 2006 and has over 30 years’ experience in the HVAC manufacturing industry. Mr. Shea was formerly a Certified Public Accountant with the Hartford, Connecticut accounting firm of Spitz, Sullivan, Wachtel & Falcetta, and he has a Master’s Degree in Taxation from the University of Hartford.

Contact: Dean W. Rivest
(610) 524-7272

FAQ

Who was appointed as a director by Omega Flex, Inc.?

Stephen M. Shea was appointed as a director by Omega Flex, Inc.

What is Mr. Shea's background?

Mr. Shea has over 30 years of experience in the HVAC manufacturing industry and was previously the Executive Vice President and CFO of Mestek, Inc.

Which committee will Mr. Shea serve on?

Mr. Shea will serve on Omega Flex, Inc.'s Audit committee.

When will Mr. Shea's term expire?

Mr. Shea's term will expire at the 2025 annual shareholder meeting.