DR. WILLIAM H. DUERIG - Corporate Board Profile

SERVOTRONICS INC /DE/

Filing Date	Source Excerpt
2001-06-21	Dr. William H. Duerig 79 Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993.
2002-06-18	Dr. William H. Duerig 80 Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993.
2003-06-13	Dr. William H. Duerig, 81, Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993. The Board of Directors has an Audit Committee comprised of Messrs. Hedges and Duerig. The Audit Committee is chaired by Dr. William H. Duerig.
2004-06-14	Dr. William H. Duerig 82 Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993.
2005-06-09	Dr. William H. Duerig 83 Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993. The Board of Directors has an Audit Committee comprised of Mr. Hedges and Dr. Duerig.
2006-06-06	Dr. William H. Duerig 84 Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993. The Board of Directors has an Audit Committee comprised of Dr. Duerig and Mr. Hedges. The Audit Committee meets with the Company's independent auditors and reviews with them matters relating to corporate financial reporting and accounting procedures and policies, the adequacy of financial, accounting and operating controls, the scope of the audit and the results of the audit. The Audit Committee is also charged with the responsibility of submitting to the Board of Directors any recommendations it may have from time to time with respect to financial reporting and accounting practices, policies and financial accounting and operation controls and safeguards. The Board has designated Dr. William H. Duerig as the Company's "Audit Committee financial expert" in accordance with the SEC rules and regulations. The Board has determined that Dr. Duerig and Mr. Hedges are independent pursuant to Section 121A of the listing Standards of the American Stock Exchange ("AMEX"). The Audit Committee is comprised of Dr. William H. Duerig, Chairman and Donald W. Hedges. Under the Company's compensation arrangements, non-employee directors are paid a yearly director's fee of $10,000 plus a per meeting fee of $650 and reimbursement of actual expenses for attendance at Board meetings. Members of the Audit Committee of the Board are paid a yearly Audit Committee fee of $2,500 plus a per-meeting fee of $450 and reimbursement of actual expenses for attendance at Audit Committee meetings. Directors who are also employees do not receive the Director's and/or meeting fees. On December 30, 2005, Dr. Duerig and Mr. Hedges were granted options to purchase 7,500 shares of common stock at an exercise price of $4.70 per share.
2007-06-01	Dr. William H. Duerig 85 Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993. The Board of Directors has an Audit Committee comprised of Dr. Duerig and Mr. Hedges. The Audit Committee meets with the Company's independent auditors and reviews with them matters relating to corporate financial reporting and accounting procedures and policies, the adequacy of financial, accounting and operating controls, the scope of the audit and the results of the audit. The Board has (i) determined that Dr. Duerig and Mr. Hedges are independent pursuant to Section 121A of the listing standards of the American Stock Exchange ("AMEX") and (ii) designated Dr. Duerig as the Company's "Audit Committee financial expert." The following table contains information with respect to the compensation paid to the non-employee directors for the year ended December 31, 2006. William H. Duerig $25,500 Audit Committee fee of $2,500 plus a per meeting fee of $500.
2008-06-02	Dr. William H. Duerig, 86, Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993. The Board of Directors has an Audit Committee comprised of Dr. Duerig and Mr. Hedges. Members of the Audit Committee of the Board are paid a yearly Audit Committee fee of $4,000 plus a per-meeting fee of $550. William H. Duerig Fees Earned or Paid in Cash: $28,100.
2009-06-02	Dr. William H. Duerig, 87, Director of the Company since 1990; Physicist and Senior Program Manager for Kearfott Guidance & Navigation Corporation for more than five years prior to retirement in 1993. The Board of Directors has an Audit Committee comprised of Dr. Duerig and Mr. Hedges. The Audit Committee meets with the Company’s Independent Auditors and reviews with them matters relating to corporate financial reporting and accounting procedures and policies, the adequacy of financial, accounting and operating controls, the scope of the audit and the results of the audit. Under the Company’s compensation arrangements, non-employee directors are paid a yearly director’s fee of $18,000 plus a per meeting fee of $900 and reimbursement of actual expenses for attendance at Board meetings. Members of the Audit Committee of the Board are paid a yearly Audit Committee fee of $5,000 plus a per-meeting fee of $650 and reimbursement of actual expenses for attendance at Audit Committee meetings. The following table contains information with respect to the compensation paid to the non-employee directors for the year ended December 31, 2008. William H. Duerig $32,017 Fees Earned or Paid in Cash, $84,322 All other Compensation, Total $116,339.
2010-06-03	Dr. William H. Duerig, is an Independent Director of the Company and Chairman of the Company’s Audit Committee... The Board of Directors has an Audit Committee comprised of Dr. Duerig and Mr. Hedges... Under the Company’s compensation arrangements, non-employee Directors are paid a yearly Director’s fee of $18,000 plus a per meeting fee of $900 and reimbursement of actual expenses for attendance at Board meetings... Members of the Audit Committee of the Board are paid a yearly Audit Committee fee of $5,000 plus a per-meeting fee of $650 and reimbursement of actual expenses for attendance at Audit Committee meetings... The following table contains information with respect to the compensation paid to the non-employee Directors for the year ended December 31, 2009... William H. Duerig $41,450.
2011-06-02	Dr. William H. Duerig is an Independent Director of the Company and Chairman of the Company’s Audit Committee. He has been a Company Director since 1990... The following table contains information with respect to the compensation paid to the non-employee Directors for the year ended December 31, 2010... Dr. William H. Duerig $124,946 total compensation.
2012-06-04	Dr. William H. Duerig is an Independent Director of the Company and Chairman of the Company’s Audit Committee...The Board of Directors has a formal Audit Committee comprised of Dr. Duerig and Mr. Hedges...The following table contains information with respect to the compensation paid to the non-employee Directors for the year ended December 31, 2011...Dr. William H. Duerig...Total 114,510
2013-05-01	Dr. William H. Duerig is an Independent Director of the Company and Chairman of the Company’s Audit Committee. ... The following table contains information with respect to the compensation paid to the Independent Directors for the year ended December 31, 2012. Dr. William H. Duerig $44,250 fees earned or paid in cash, $25,000 special retainer fee, total $69,250.