Servotronics Management
Management criteria checks 2/4
Servotronics' CEO is Bill Farrell, appointed in Apr 2022, has a tenure of 2.25 years. total yearly compensation is $470.07K, comprised of 74.5% salary and 25.5% bonuses, including company stock and options. directly owns 0.95% of the company’s shares, worth $277.58K. The average tenure of the management team and the board of directors is 1 years and 2.3 years respectively.
Key information
Bill Farrell
Chief executive officer
US$470.1k
Total compensation
| CEO salary percentage | 74.5% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | less than a year |
| Board average tenure | 2.3yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$3m |
| Dec 31 2023 | US$470k | US$350k | -US$4m |
| Sep 30 2023 | n/a | n/a | -US$5m |
| Jun 30 2023 | n/a | n/a | -US$6m |
| Mar 31 2023 | n/a | n/a | -US$4m |
| Dec 31 2022 | US$699k | US$236k | -US$2m |
Compensation vs Market: Bill's total compensation ($USD470.07K) is below average for companies of similar size in the US market ($USD697.54K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Farrell (57 yo)
2.3yrs
Tenure
US$470,074
Compensation
Mr. William F. Farrell, Jr., also known as Bill, serves as Director & Chief Executive Officer at Servotronics, Inc. since April 25, 2022. He had a very long career with Western New York-based Moog Inc., wh...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director & CEO | 2.3yrs | US$470.07k | 0.95% $ 275.3k | |
| Chief Financial Officer | 1.2yrs | US$359.07k | 0.17% $ 49.9k | |
| Chief Technical Officer | less than a year | US$289.74k | 1.62% $ 470.3k | |
| Chief Operating Officer | no data | no data | 0.15% $ 42.4k | |
| Director of Sales & Marketing | less than a year | no data | no data | |
| Director of Human Resources | less than a year | no data | no data | |
| Corporate Secretary | no data | no data | no data |
1.0yrs
Average Tenure
56.5yo
Average Age
Experienced Management: SVT's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director & CEO | 2.3yrs | US$470.07k | 0.95% $ 275.3k | |
| Director | 1.4yrs | US$85.00k | 11.04% $ 3.2m | |
| Independent Director | 2.3yrs | US$85.00k | 0.26% $ 74.3k | |
| Independent Director | 2.3yrs | US$85.00k | 0.90% $ 262.1k | |
| Director | 11.7yrs | US$85.00k | 0.61% $ 178.3k | |
| Independent Chairman | 8yrs | US$85.00k | 0.61% $ 178.3k |
2.3yrs
Average Tenure
60.5yo
Average Age
Experienced Board: SVT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.