1110 Maple Street
Post Office Box 300
Elma, New York 14059

Management Team

William F. Farrell, Jr.

Chief Executive Officer

William F. Farrell, Jr. is the Chief Executive Officer of Servotronics, Inc., having joined the Company in April 2022.  Mr. Farrell was also appointed to serve on the Board of Directors of the Company, effective April 25.

Prior to joining the Company, he served in various roles of increasing responsibility at Moog, Inc., including, most recently, Site General Manager for Moog’s Aircraft Group, which supports military and commercial aerospace applications from 2019 to 2021. Prior to that, he served five years as Site General Manager for its Industrial Group, supporting markets including flight simulation, oil and gas exploration, power generation and industrial automation. Mr. Farrell holds a B.S. degree in mechanical engineering from the University of Notre Dame and an M.B.A in manufacturing operations management from the State University of New York at Buffalo.


Lisa F. Bencel

Chief Financial Officer

Lisa F. Bencel, is the Chief Financial Officer of Servotronics, Inc., having joined the Company in early 2017. In her role, Ms. Bencel is responsible for managing all finance, accounting, and treasury functions. Prior to joining Servotronics, Inc., she held managerial and executive leadership roles with increasing responsibilities including Controller, Vice President of Finance, and Treasurer positions in the defense, communications, and technology industries. Ms. Bencel’s extensive experience includes tenures at General Electric’s Aerospace Group, Ericsson’s Private Radio Systems Division, and Raytheon’s Technical Services Business Segment. She holds a Bachelor of Science in Accounting from Seton Hall University and a Master of Business Administration from Duke University.


James Takacs

Chief Operating Officer

James Takacs is the Chief Operating Officer (COO) of Servotronics, Inc., serving in that capacity since 2018. A lifelong Company employee, Mr. Takacs joined Servotronics, Inc. in 1987 and held positions of increasing responsibility including Director of Operations, Vice President of Operations, and Senior Vice President of Operations. As COO, he is responsible for providing executing leadership for the physical plant and the engineering, production, and operational groups. Mr. Takacs holds a Bachelor of Science in Mechanical Engineering from the State University of New York at Buffalo.