Servotronics Announces Strategic Vision to Maximize Long-Term Shareholder Value
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today announced details of its strategic vision to improve operational effectiveness and help drive sustainable growth and long-term shareholder value.
Servotronics Announces 2022 Financial Results
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the fourth quarter and twelve months ended December 31, 2022.
Servotronics, Inc. Announces Review of Strategic Alternatives for Consumer Products Group
Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that the Company's Board of Directors has authorized the review of strategic alternatives for the Consumer Products Group (CPG) with a goal of enhancing shareholder value.
Servotronics, Inc. Enhances Strategic Focus with Additional Resources
Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that it has strengthened its leadership team in-line with its recently adopted strategic plan.
Servotronics, Inc. Appoints New Human Resources Director
Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that it has appointed Carrie Czerwinski as Director of Human Resources.
Servotronics, Inc. Appoints New Independent Director
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today announced the appointment of Brent D. Baird to the Board and the entry into a Cooperation Agreement between the Company and Mr. Baird. Mr. Baird will serve as a director effective February 16, 2023, with an initial term through the Company's 2023 Annual Meeting of Shareholders, and the Company has agreed to include Mr. Baird in the Company's slate of director nominees for election at the 2023 Annual Meeting.
Servotronics Responds to Star Equity's Communication
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today responds to recent claims from Star Equity Holdings, Inc. ("Star Equity") about its indication of interest to combine with Servotronics.
Servotronics Announces Financial Results for Third Quarter 2022
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the quarter and nine months ended September 30, 2022.
Servotronics, Inc. Provides Letter To Stakeholders
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today made available a letter to stakeholders from William F. Farrell, Jr., Chief Executive Officer. The letter provides an initial update on the Company's strategic plan that was developed by the Company's leadership team over the past six months. A copy of the letter is available on the Company's website at www.servotronics.com.
Servotronics Announces Financial Results for Second Quarter 2022 Including 12% Growth in Revenue
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the second quarter ended June 30, 2022, including 12% growth in revenue.
Servotronics Announces First Quarter 2022 Financial Results Including EPS of $0.13 and Significant Growth in Revenue, Gross Margin and Operating Income
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the first quarter ended March 31, 2022, including significant growth in revenue, gross margin and operating income.
Servotronics' Board Appoints Two New Independent Directors, Names Non-Executive Chairman and Accelerates Expiration of its Shareholder Rights Plan
The Board of Servotronics, Inc. (NYSE American – SVT) announced the appointment of two new independent directors and a non-executive Chairman, as well as the accelerated expiration of the company's shareholder rights plan.
Servotronics Names William Farrell, Jr. to Serve as Chief Executive Officer
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.
Servotronics Announces 2021 Financial Results Including EPS of $1.68, Record Operating Cash Flow, Lower Total Operating Costs and Expenses, and Enhanced Balance Sheet Strength
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the fourth quarter and twelve months ended December 31, 2021 including net income growth and record high levels of operating cash flow and year-end cash.
Servotronics Receives Nominations For Its Board Of Directors
Servotronics, Inc. (NYSE American - SVT) this week received a communication purporting to give notice of shareholder nomination of individuals for election as directors at the Company's 2022 annual meeting.
The Board Of Servotronics, Inc. Announces Leadership Change
Servotronics, Inc. (NYSE American - SVT) announced that Kenneth D. Trbovich has resigned as Chief Executive Officer and President and was removed as Chairman of the Board, after a nearly six-month-long internal investigation identified grounds for his termination.
Servotronics, Inc. Announces Third Quarter Results For The Period Ended September 30, 2021
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the quarter ended September 30, 2021.
Servotronics, Inc. Announces Second Quarter Results For The Period Ended June 30, 2021
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the quarter ended June 30, 2021.
Servotronics, Inc. Announces First Quarter Results For The Period Ended March 31, 2021
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the quarter ended March 31, 2021.
Servotronics, Inc. Receives Supplier Of The Year Awards
Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced that it received the 2020 Supplier of the Year award from Collins Aerospace. Servotronics received the award based on its operational excellence and exceptional support as a supplier to Collins' Power & Controls Division. Servotronics also received the 2020 Most Improved Supplier of the Year Award for repair and overhaul from Collins Aerospace.