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Servotronics, Inc. (SVT)


NYSE MKT - Nasdaq Real Time Price. Currency in USD
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Servotronics, Inc.

1110 Maple Street
Elma, NY 14059
United States
716-655-5990
http://www.servotronics.com

SectorIndustrial Goods
IndustryIndustrial Electrical Equipment
Full Time Employees307

Key Executives

NameTitlePayExercisedAge
Dr. Nicholas D. Trbovich Sr.Founder, Chairman and Chief Exec. Officer796.88kN/A81
Mr. Kenneth D. TrbovichPres, Director, Chief Exec. Officer of the Ontario Knife Company and Pres of the Ontario Knife Company472.96kN/A42
Mr. Salvatore San FilippoSr. VP252.72kN/A68
Ms. Lisa BencelChief Financial OfficerN/AN/A59
Mr. James C. TakacsSr. VP of OperationsN/AN/A51
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Servotronics, Inc. designs, manufactures, and markets technology and consumer products in the United States and internationally. The company’s Advanced Technology Group segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets. This segment’s principal servo-control components include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and related devices that convert an electrical current into a mechanical force or movement, and other related products. It also offers metallic seals of various cross-sectional configurations to close tolerances from standard and special alloy steels. This segment markets and sells its products to the United States Government, government prime contractors, government subcontractors, commercial manufacturers, and end users. The company’s Consumer Products Group segment provides cutlery products, including steak, carving, bread, butcher, and paring knives for household use, as well as for use in restaurants, institutions, and private industry; fixed and folding knives for hunting, fishing, and camping; and machetes, bayonets, axes, strap cutters, and other tools primarily for military and rescue/first-responder use, as well as for commercial markets. It also offers various specialty tools, putty knives, linoleum sheet cutters, field knives, scalpels, and micro-spatulas; and plastic fabrication, metal fabrication, and other engineering, design, and OEM/white-label manufacturing services to customers in consumer and commercial industries. This segment markets its products through its sales resources and independent manufacturers’ representatives to big box, hardware, supermarket, variety, department, discount, gift, drug, outdoors, and sporting stores, as well as various branches of the United States Government; and electronic commerce. Servotronics, Inc. was founded in 1959 and is headquartered in Elma, New York.

Corporate Governance

Servotronics, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.