Houston, Texas – (NewMediaWire) – December 21, 2020 – SMG
Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation
services business operating in the Southwest United States, today reported that
Mr. Jeffrey Martini has agreed to join effective immediately in the role of
Chief Executive Officer. Further, it reported that Mr. Matthew Flemming,
former Chief Executive Officer, is assuming the role of Chief Business
Mr. Martini is an accomplished
executive, having served as a senior operations and finance leader in several
different businesses over the last 20 years. He has been a part of
larger, publicly held organizations, as well as middle-market and startup
companies. He began his career in the pulp and paper industry in a series
of cost accounting and financial reporting roles, eventually establishing a
base in Houston serving the oil and gas industry.
Previously, he served as an
executive officer of Stewart & Stevenson Services, Inc., a leading
on-highway equipment provider and servicer. During his time there, he
oversaw the growth of the MTU/Detroit Diesel, Allison, and Freightliner
businesses into new territories and markets. In particular, Mr. Martini
led the expansion of the business model into truck dealerships, serving owner/operators
and fleet owners.
Also, he recently led the
transportation services function of a large production equipment manufacturer
to deliver heavy haul and over-dimensional freight.
Mr. Martini commented, “I am
grateful for the opportunity to lead the valuable brands that are owned by SMG
Industries, especially the 5J Transportation Group. With 5J’s unique
capabilities in heavy haul and now the super heavy business, there are real and
near-term market opportunities for profitable growth.”
In addition to his experience in
transportation businesses, Mr. Martini’s roles have spanned numerous companies
in a variety of industries, including heavy manufacturing, energy services,
equipment distribution, and field service. He is a Magna Cum Laude
graduate of Gettysburg College, is a member of the Phi Beta Kappa Society, and
maintains an active Certified Public Accountancy license.
Mr. Flemming will remain an
executive officer of the Company and will be responsible for business
development, commercial rationalization, and capital market management.
“The Company’s Board of Directors
is pleased to welcome Mr. Martini to its management team and is thankful that
the Company will still benefit from Mr. Flemming’s contributions,” the
Company’s Board said in a statement. “We look forward to Jeff bringing his
unique talents to SMG and anticipate that the Company and its customers and
shareholders will all benefit. Combined with Mr. Flemming’s M&A and
capital markets experience, the Board believes the future for SMG is, indeed,
SMG Industries, Inc.: SMG Industries is a growth-oriented transportation and
industrial services company that operates throughout the Southwest United
States. Through its Transportation Services segment, the Company’s wholly
owned business, the 5J Transportation Group (“5J”), offers heavy haul, super
heavy haul, hot shot, and drilling rig mobilization services. 5J’s
over-dimensional permitted jobs can support up to 500-thousand-pound loads
which include wind energy, power generation components, bridge beams,
compressors, refinery, and construction equipment. The Company’s Industrial
Services segment has two wholly owned subsidiaries MG Cleaners and Trinity
Services offering industrial strength proprietary branded products including detergents,
surfactants and degreasers, cleaning equipment and services and repair crews.
Trinity Services offers construction services including multi-well pads, lease
roads and pit closures. SMG Industries, Inc. headquartered in Houston,
Texas maintains facilities in Carthage, Floresville, Henderson, Odessa,
Palestine, and Waskom, Texas. Read more at www.SMGindustries.com.
SMG Industries, Inc.
SOURCE: SMG Industries, Inc.