공고 • Aug 06
IEH Corporation, Annual General Meeting, Sep 10, 2025 IEH Corporation, Annual General Meeting, Sep 10, 2025. Location: pennsylvania at 200 cascade drive, suite h, pa 18109., allentown United States 공고 • Nov 08
IEH Corp. Announces Subrata Purkayastha as Chief Financial Officer IEH Corporation announced that interim CFO Subrata Purkayastha has been appointed as permanent Chief Financial Officer of IEH Corporation. Subrata began at IEH as Controller in November 2021, reporting to then CFO. After taking over as the interim CFO following the departure of her predecessor in May of this year, Subrata spearheaded the effort to complete the audit and publication of Super 10-K, which was released in June of this year. 공고 • Oct 17
IEH Corporation Appoints Brian Glenn to Its Board of Directors IEH Corporation announced that Brian Glenn has joined its board of directors. After receiving his MBA from Massachusetts Institute of Technology's Sloan School of Management, Mr. Glenn joined W.R. Huff Asset Management, an alternative investment management firm that employed a rigorous, primary research process managing concentrated investment strategies across the capital structure. He helped steer investments in public equities, high-yield bonds, and leveraged loans. During his 10 years with the firm, Mr. Glenn also earned direct responsibilities within the firm's private equity funds, working on businesses that operated in the food, media, real estate, and energy industries. He served in director and officer capacities for certain of these entities and helped execute capital investment programs, financial reporting, business development, recapitalizations, and joint ventures. In 2018 Mr. Glenn then founded Olcott Square Investment Partners, an investment firm with a focus on small and micro capitalization companies that demonstrate durable advantages and secular growth prospects. In 2023, Mr. Glenn merged the operations of Olcott Square Investment Partners into Premier Path Wealth Partners, a newly-formed independent SEC-registered investment advisory firm in Madison, New Jersey managing more than $700 million in assets on behalf of business owners, high net worth families, trusts, and charities. Mr. Glenn currently serves as the Director of Investments for Premier Path Wealth Partners. He holds the Chartered Financial Analyst designation and is a member of CFA Society New York. 공고 • Aug 05
IEH Corporation Announces Board Changes IEH Corporation announced that John Spiezio has joined its board of directors, and Sonia Marciano has resigned from the board. John has extensive experience in the aerospace and defense industries. After studying Economics, Computer Science, and Mathematics at Marquette University, John returned to New York and began his thirty-three-year career as the third-generation leader at Hicksville Machine Works, a supplier to prime aerospace & defense contractors throughout North America and Europe as well as the Department of Defense directly. Over that time John gained extensive experience in operations, business development, and governance of a business operating in this specialized industry. After selling HMW in 2019, John worked for a private equity firm engaged in building a vertically integrated company that could produce and supply entire integrated systems to the A & D industries. This allowed him to expand his knowledge in the field of mergers and acquisitions. John gained valuable insight into corporate valuation, strategic analysis, and the integration of acquired firms into existing operations and corporate culture. John serves on several corporate boards, both as a director and in an advisory role. John also serves as the Chairman of ADDAPT, an industry group focused on defense and aerospace suppliers based in New York state. After seven years as a member of the board of directors, Sonia Marciano has decided to step down from the board. 공고 • Oct 18
IEH Corporation Files Response to SEC Order Instituting Administrative Proceedings On October 3, 2022, IEH Corporation filed its response to the August 17, 2022 order issued by the Securities and Exchange Commission instituting public administrative proceedings to determine whether IEH Corporation's Securities Exchange Act registration should be suspended for up to twelve months or revoked due to its failure to timely file SEC periodic reports (the Order). Company plan to file a ‘Super-10K' with the SEC which will aggregate past due periods in one filing and provide more information on the operations and finances. In the meantime, company can provide an update on data not affected by the inventory accounting issues. As noted in the February 2022 press release, revenue for the fiscal year ending March 31, 2022 was down roughly 30% from March 2021. For the fiscal year ending March 31, 2023, company estimate revenue will be between 16 and 18 million, as the full effects of the Boeing 737 Max grounding and the effects of COVID-19 on the commercial aerospace supply chain should have been fully realized. This reduction in revenue, while painful, was not entirely unexpected. It was however, exacerbated by the earlier-than-expected winding down of a major defense program, and reduction in revenue from an overseas application that also was curtailed by COVID-related lockdowns. In response to this, IEH has taken steps to mitigate the effects on the cash flow. In the past year, company have reduced headcount by 25%, brought more automated sub-assembly equipment online to reduce overall labor costs, and as company continue to build out and move more manufacturing to the newAllentown, PA facility, company believe overhead costs should continue to decrease. 
