Oakley, Inc. appointed Jeff Moorad to the its Board of Directors. Mr. Moorad is part-owner and general partner of the Arizona Diamondbacks.
“Jeff is an entrepreneurial-minded executive with a successful track record of building and managing high growth companies and we are extremely pleased to welcome him to our board of directors,” said Oakley Chief Executive Officer Scott Olivet. “His wide range of business experiences, unique sports perspective, and fit with our culture make him an ideal addition to our team. We look forward to his contributions as we continue to execute against our new strategic direction.”
Prior to joining the Diamondbacks' ownership group in 2004, Mr. Moorad served as president and chief executive officer of Moorad Sports Management, a company he founded in 1981 with a special emphasis on Major League Baseball(r). He joined forces with Leigh Steinberg in 1985 to form one of the most powerful partnerships in the history of sports representation, covering both Major League Baseball(r) and the National Football League(r).
During their tenure together, they negotiated more than $3 billion in athlete contracts including deals for NFL(r) Hall of Fame quarterbacks Troy Aikman, Warren Moon, and Steve Young. Moorad was the chief negotiator on a number of landmark baseball contracts as well for a client base that included Manny Ramirez, Eric Karros, Darin Erstad, Ivan Rodriguez, Mo Vaughn, Pat Burrell, Shawn Green, Will Clark, and Matt Williams.
Mr. Moorad earned a bachelor's degree in political science from the University of California at Los Angeles and a law degree from Villanova University School of Law.
Oakley's Board of Directors
Mr. Moorad qualifies as an independent director under the listing standards of the New York Stock Exchange, Inc. and the company's Corporate Governance Guidelines and will serve on the Nominating and Corporate Governance Committee. His appointment brings the company's Board of Directors to nine members including Oakley Founder and Chairman Jim Jannard, Chief Executive Officer Scott Olivet, and independent directors Tom Davin, Mary George, Colombe Nicholas, Mike Puntoriero, Greg Trojan and Frits van Paasschen. Each of the Board's committees continues to be comprised solely of independent directors.