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Stock impact report

Servotronics Names William Farrell, Jr. to Serve as Chief Executive Officer

Servotronics, Inc. (SVT) 
NASDAQ:AMEX Investor Relations: servotronics.com/investor-relations
Company Research Source: PR Newswire
-- Executive with more than 30 years' of global aerospace and industrial experience also joins Servotronics' Board --ELMA, N.Y., April 21, 2022 /PRNewswire/ -- The Board of Servotronics, Inc. (NYSE American – SVT) announced that it appointed William F. Farrell, Jr. to serve as Chief Executive Officer of the designer and manufacturer of servo-control components and other advanced technology products, effective April 25.Mr. Farrell was also appointed to serve on the Board of Directors of the company, effective April 25. The Board intends to nominate him to stand for election at Servotronics' 2022 annual meeting of shareholders."On behalf of the Board, it is my privilege to welcome Bill as CEO and a Director of the company," Servotronics Director Edward C. Cosgrove, Esq. said. "As part of the CEO search announced last year, we not only sought an executive experienced in successfully growing advanced manufacturing businesses, but one who would lead this company with the highest degree of Show less Read more
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