In other recent news, Servotronics Inc. has been under significant changes in its executive leadership. The company announced the resignation of its Chief Operating Officer, Harrison W. Kelly III, effective from September 17, 2024. Kelly’s departure was made public through a recent SEC filing, with the statement indicating that he is leaving to pursue other business opportunities. The company has expressed its intention to promptly begin the search for a new COO, though no details regarding potential candidates or the expected timeframe for this process have been provided.

Additionally, the company mourns the loss of board member Edward C. Cosgrove, who made notable contributions to Servotronics since joining the Board of Directors in 2012. In response to Cosgrove’s passing, Servotronics has decided to reduce its board members from six to five, opting not to fill the vacancy at this time. These developments underscore the dynamic nature of Servotronics’ leadership and the company’s commitment to navigate these changes effectively.

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