Servotronics Names William Farrell, Jr. to Serve as Chief Executive Officer
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Thursday, April 21, 2022
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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.
Key Points:
- 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.
- We are very excited to have an executive of Bill's caliber joining Servotronics at this transformational time in its history."