SVT - Servotronics, Inc.

NYSE American - Nasdaq Real Time Price. Currency in USD

Servotronics, Inc.

1110 Maple Street
Post Office Box 300
Elma, NY 14059
United States
716-655-5990
http://www.servotronics.com

SectorTechnology
IndustryElectronic Components
Full Time Employees330

Key Executives

NameTitlePayExercisedYear Born
Mr. Kenneth D. TrbovichChairman, CEO & Pres602.95kN/A1975
Mr. Edward C. CosgroveDirector50kN/A1935
Ms. Lisa F. BencelCFO & Treasurer299.95kN/A1958
Mr. James C. TakacsChief Operating Officer215.84kN/A1966
Mr. Salvatore San FilippoSr. VPN/AN/A1949
Amounts are as of December 31, 2018 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 control components and consumer products in the United States and internationally. The company operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets. This segment's principal components include torque motors, electromagnetic actuators, hydraulic and pneumatic valves, and related devices that convert an electrical current into a mechanical force or movement, and other 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 CPG segment provides cutlery products, including steak, carving, bread, butcher, and paring knives for household use, as well as for use in restaurants, institutions, and the 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 and metal fabrication, as well as engineering, design, and OEM/white-label manufacturing services to customers in the 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, outdoor, and sporting stores, as well as various branches; 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.