Ault Disruptive Technologies Corporation (NYSE American:ADRT), a company specializing in blank check investments, announced today the appointment of Steve J. Smith to its board of directors. Smith, a veteran in the field of computer numerical control (CNC) programming, joins the board as a Class II director with a wealth of experience spanning over 35 years.
Smith's appointment, effective as of Monday, was disclosed in a filing with the Securities and Exchange Commission. He has served as a CNC consultant for notable companies including JBL Speakers, Pioneer Electronics, and Fender Musical Instruments, Inc. Since January 2024, Smith has also been on the board of directors of RiskOn International, Inc.
The board has determined that Smith is an independent director under the NYSE American Listing Standards. He will serve on the Audit Committee, the Compensation Committee, and will chair the Nominating and Corporate Governance Committee.
Ault Disruptive Technologies Corp has stated that there are no familial ties between Smith and any current officers or directors, nor are there any related party transactions requiring disclosure under SEC regulations. His director compensation will align with the company's standard policies, details of which were reported in the company's annual Form 10-K filing on April 11, 2024.
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