KENNETH D. TRBOVICH - Corporate Board Profile

SERVOTRONICS INC /DE/

Filing Date	Source Excerpt
2013-05-01	Mr. Kenneth D. Trbovich has been a Company Director since November 21, 2012 and is currently the President of the Company. ... No specific director compensation mentioned for Kenneth D. Trbovich.
2015-04-30	Kenneth D. Trbovich has been a Company Director since 2012 and is currently the President of the Company. Mr. Trbovich is a significant beneficial owner of the Companys common shares, and is the son of the Companys founder. He first joined the Company on a part-time basis while attending College. After becoming a full-time employee, he has held positions of successively increasing responsibilities that led to his current position as President of Servotronics, Inc. and CEO and President of the Ontario Knife Company (a Company subsidiary). He is on the Board of Regents of the American Knife and Tool Institute, and is listed as co-inventor on patent-pending applications that are incorporated in various successful Company products. Mr. Trbovich has traveled extensively while directing special projects in Australia, Singapore, Germany, England and other world locations. He is a Trustee for a Private Charitable Foundation and is active in various professional and business organizations in addition to serving on the Board of Trustees for Medaille College. He is an Event Participator and Research Facilitator through the Companys memberships in such organizations as the Buffalo Niagara Partnership, the National Association of Manufacturers, and the Aerospace Industry Association, etc. A Life Member of Mensa, he holds two undergraduate degrees in addition to earning Certificates of Completion for certain other Special Purpose Programs at the University of Buffalo, the Simon Graduate School of Business at the University of Rochester and others. Mr. Trbovichs achievements, operational insights, strategic planning continuity, wide-range multi-industry cognizance, specific industry knowledge, experience and established associations highly qualifies him as a Company Director.
2016-04-28	Kenneth D. Trbovich has been President of the Company and a Director since 2012. ... The Summary Compensation Table quantifies the amount or value of the different forms of compensation earned by or awarded to the Company’s Chief Executive Officer, President and Chief Financial Officer (the “Named Officers”) in fiscal 2015 ... Kenneth D. Trbovich 2015 Salary $351,476 Bonus $85,000 Compensation $31,335 Total $467,811.
2017-04-05	Kenneth D. Trbovich has been President of the Company and a Director since 2012... The Summary Compensation Table shows total compensation of $412,964 for 2016.
2018-04-23	Kenneth D. Trbovich has been Chairman of the Board and Chief Executive Officer since November 2017 and President of the Company since 2012. Mr. Trbovich has served as a Director since 2012. ... The Board of Directors has determined that each current director and nominee is independent other than Kenneth D. Trbovich, the Company’s Chairman of the Board and Chief Executive Officer, and Mr. Edward C. Cosgrove, whose firm has provided legal services to the Company and its subsidiaries. ... The Company’s Non-employee Director Compensation Policy was revised effective October 1, 2015. The Board amended and restated the policy on June 10, 2016. Under that policy, Non-employee Directors are paid an annual cash retainer of $50,000, payable in twelve monthly installments, plus reimbursement of actual expenses for attendance at Board or Committee meetings. The Chairperson of the Audit Committee and the Independent Directors Committee are also paid a $10,000 annual cash retainer, payable in twelve monthly installments. ... The following table contains information with respect to the total compensation paid to the Non-employee Directors for the year ended December 31, 2017. ... Kenneth D. Trbovich is not listed among the Non-employee Directors receiving compensation.
2019-03-29	Kenneth D. Trbovich has been Chairman of the Board and Chief Executive Officer since November 2017 and President of the Company since 2012. ... The Summary Compensation Table contains information with respect to the annual compensation for the years ended December 31, 2018 and 2017 for the Named Officers. Kenneth D. Trbovich 2018 Total Compensation: $602,945.
2020-04-16	Kenneth D. Trbovich has been Chairman of the Board and Chief Executive Officer since November 2017 and President of the Company since 2012. Mr. Trbovich has served as a Director since 2012. ... The Summary Compensation Table contains information with respect to the annual compensation for the years ended December 31, 2019 and 2018 for the Named Officers. ... Kenneth D. Trbovich 2019 Salary $606,480, Bonus TBD, All Other Compensation $47,820, Total $654,300.
2021-04-14	Kenneth D. Trbovich has been Chairman of the Board and Chief Executive Officer since November 2017 and President of the Company since 2012. ... The Summary Compensation Table quantifies the amount or value of the different forms of compensation earned by or awarded to the Company’s Chief Executive Officer ... Kenneth D. Trbovich 2020 Salary $639,496, Bonus $100,000, All Other Compensation $376,022, Total $1,115,518.