Star Equity Fund Issues Statement on Successful Campaign at Servotronics
Servotronics, Inc. (SVT)
NASDAQ:AMEX Investor Relations:
servotronics.com/investor-relations
Company Research
Source: GlobeNewswire
Was Change Agent for Recent Board ChangesWill Continue to Monitor Company’s Progress and Act if Needed OLD GREENWICH, Conn., May 13, 2022 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund”, “we”, “our”), a shareholder of Servotronics, Inc. (NYSE American: SVT) (“Servotronics” or “the Company”), seeks to unlock shareholder value and improve corporate governance at its portfolio companies. We are pleased to announce that our campaign at Servotronics, including our nomination of a diverse, highly qualified slate of director candidates for election to the Company’s board of directors (the “Board”) and advocacy for various improvements in the Company’s corporate governance, caused the Company to take several positive steps it likely would not have taken independently. Under pressure from our campaign, the Company recently announced several Board composition and governance changes including: The appointment of a new, qualified Chief Executive OfficerThe addition of Karen Howa
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News
- Servotronics Announces Fourth Quarter and Full-Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Servotronics Announces Fourth Quarter and Full-Year 2023 Financial ResultsPR Newswire
- Servotronics, Inc. Names Harrison W. Kelly III as New Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
- Servotronics, Inc. Names Harrison W. Kelly III as New Chief Operating OfficerPR Newswire
SVT
Sec Filings
- 4/15/24 - Form 144
- 4/11/24 - Form ARS
- 4/11/24 - Form DEF
- SVT's page on the SEC website