Servotronics Announces Death of Board Member Edward C. Cosgrove
Servotronics, Inc. (NYSE American – SVT) has announced the passing of Director Edward C. Cosgrove on July 4, 2024, after a brief illness. Christopher Marks, Chairman of the Board, expressed deep sadness and gratitude for Mr. Cosgrove's long-standing service and support. Cosgrove, who served on the Board since 2012, had a distinguished career as an FBI Special Agent, Erie County District Attorney, and legal practitioner.
The Servotronics Board has decided to reduce its size from six to five members rather than replace Cosgrove's position. Servotronics specializes in designing and manufacturing servo controls and components for various commercial and government applications, including aerospace and defense industries, at its facilities in Elma and Franklinville, New York.
Servotronics, Inc. (NYSE American – SVT) ha annunciato la scomparsa del Direttore Edward C. Cosgrove il 4 luglio 2024, dopo una breve malattia. Christopher Marks, Presidente del Consiglio, ha espresso profondo rammarico e gratitudine per il lungo servizio e il supporto del Sig. Cosgrove. Cosgrove, che ha fatto parte del Consiglio dal 2012, aveva una carriera distintiva come Agente Speciale dell'FBI, Procuratore Distrettuale della Contea di Erie e praticante legale.
Il Consiglio di Servotronics ha deciso di ridurre le dimensioni da sei a cinque membri anziché sostituire la posizione di Cosgrove. Servotronics è specializzata nella progettazione e produzione di sistemi di controllo servo e componenti per diverse applicazioni commerciali e governative, comprese quelle nei settori aerospaziale e della difesa, presso le sue strutture a Elma e Franklinville, New York.
Servotronics, Inc. (NYSE American – SVT) ha anunciado el fallecimiento del Director Edward C. Cosgrove el 4 de julio de 2024, tras una breve enfermedad. Christopher Marks, Presidente de la Junta, expresó su profunda tristeza y gratitud por el largo servicio y apoyo del Sr. Cosgrove. Cosgrove, quien fue miembro de la Junta desde 2012, tuvo una carrera distinguida como Agente Especial del FBI, Fiscal del Condado de Erie y abogado.
La Junta de Servotronics ha decidido reducir su tamaño de seis a cinco miembros en lugar de reemplazar la posición de Cosgrove. Servotronics se especializa en el diseño y fabricación de controles servo y componentes para diversas aplicaciones comerciales y gubernamentales, incluidos los sectores aeroespacial y de defensa, en sus instalaciones en Elma y Franklinville, Nueva York.
Servotronics, Inc. (NYSE American – SVT)는 2024년 7월 4일 에드워드 C. 코스그로브 이사의 별세를 발표했습니다. 그는 짧은 병투병 중에 세상을 떠났습니다. 크리스토퍼 마크스 이사회 의장은 코스그로브 씨의 오랜 봉사와 지원에 대한 깊은 슬픔과 감사를 표했습니다. 코스그로브는 2012년부터 이사회에서 활동해 왔으며, FBI 특별 요원, 에리 카운티 검사, 그리고 법률 실무자로서의 뛰어난 경력을 지니고 있었습니다.
Servotronics 이사회는 코스그로브의 자리를 대신하지 않고 회원 수를 6명에서 5명으로 줄이기로 결정했습니다. Servotronics는 엘마와 프랭클린빌, 뉴욕에 있는 시설에서 항공우주 및 방위 산업을 포함한 다양한 상업 및 정부 애플리케이션을 위한 서보 제어 및 부품의 설계와 제조를 전문으로 합니다.
Servotronics, Inc. (NYSE American – SVT) a annoncé le décès du Directeur Edward C. Cosgrove le 4 juillet 2024, après une brève maladie. Christopher Marks, Président du Conseil, a exprimé une profonde tristesse et sa gratitude pour leService de longue date de M. Cosgrove. Cosgrove, qui a été membre du Conseil depuis 2012, avait une carrière distinguée en tant qu'Agent spécial du FBI, Procureur du comté d'Érié et avocat.
Le Conseil de Servotronics a décidé de réduire sa taille de six à cinq membres plutôt que de remplacer le poste de Cosgrove. Servotronics est spécialisée dans la conception et la fabrication de contrôles de servo et de composants pour diverses applications commerciales et gouvernementales, y compris les secteurs aérospatial et de la défense, dans ses installations à Elma et Franklinville, New York.
Servotronics, Inc. (NYSE American – SVT) hat den Tod von Direktor Edward C. Cosgrove am 4. Juli 2024 bekannt gegeben, nach einer kurzen Krankheit. Christopher Marks, Vorsitzender des Vorstands, äußerte tiefes Bedauern und Dankbarkeit für die langjährige Dienstzeit und Unterstützung von Herrn Cosgrove. Cosgrove war seit 2012 im Vorstand und hatte eine angesehenen Karriere als FBI-Sonderagent, Staatsanwalt des Erie County und Rechtsanwalt.
Der Vorstand von Servotronics hat beschlossen, seine Größe von sechs auf fünf Mitglieder zu reduzieren, anstatt Cosgroves Position zu ersetzen. Servotronics ist auf die Entwicklung und Herstellung von Servo-Werksteuerungen und Komponenten für verschiedene kommerzielle und staatliche Anwendungen, einschließlich der Luft- und Raumfahrt sowie der Verteidigungsindustrie, spezialisiert und hat Einrichtungen in Elma und Franklinville, New York.
- Board's decision to reduce size from six to five members may lead to cost savings
- Company maintains strong presence in aerospace and defense industries
- Loss of experienced board member with extensive legal and public service background
- Potential gap in expertise and guidance on the board due to Cosgrove's passing
"It is with great sadness that we announce the passing of Edward C. Cosgrove. We extend our deepest condolences to Mr. Cosgrove's family, and we are extremely grateful for Ed's long-standing service and unparalleled support of Servotronics. His steady presence, wise and thoughtful guidance, and ethical stewardship will be missed," said Christopher Marks, Chairman of the Board.
Mr. Cosgrove served as a Special Agent of the Federal Bureau of Investigation and as District Attorney of
The Servotronics Board has decided to decrease the size of the Board from six to five members at this time rather than replace the Director role held by Mr. Cosgrove.
ABOUT SERVOTRONICS
Servotronics designs, develops and manufactures servo controls and other components for various commercial and government applications including aircraft, jet engines, missiles, manufacturing equipment and other aerospace applications at its operating facilities in
SERVOTRONICS, INC. (SVT) IS LISTED ON NYSE America
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SOURCE Servotronics, Inc.
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