Espey appoints David O'Neil as CEO and Katrina Sparano as CFO effective Jan 1, 2022

ESPEY MFG & ELECTRONICS CORP

Patrick Enright Jr. resigned as President/CEO and from the Board, effective Dec 31, 2021, after seven years of service.
David O'Neil, previously Treasurer/CFO and EVP since 2016, named President and CEO effective Jan 1, 2022.
Katrina Sparano, previously Assistant Treasurer/PCA, promoted to Treasurer and CFO effective Jan 1, 2022.
O'Neil's two-year employment agreement includes $275,000 base salary and performance bonus up to 100% of base.
Sparano's one-year automatically renewing agreement includes $176,000 base salary and discretionary bonus.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Patrick T. Enright, Jr.

President and Chief Executive Officer

ESP · ESPEY MFG & ELECTRONICS CORP

Effective: 2021-12-31
Successor: David A. O’Neil
Filed: January 4, 2022, 6:59 PM ET

Patrick T. Enright, Jr. has resigned from his position as President and Chief Executive Officer, effective December 31, 2021.

Role change

Katrina L. Sparano

Treasurer and Chief Financial Officer

ESP · ESPEY MFG & ELECTRONICS CORP

Effective: 2022-01-01
Filed: January 4, 2022, 6:59 PM ET

The Board of Directors has appointed David A. O’Neil and Katrina L. Sparano as the Company’s new President and Chief Executive Officer, and Treasurer and Chief Financial Officer, respectively, effective January 1, 2022.

Role change

David A. O’Neil

President and Chief Executive Officer

ESP · ESPEY MFG & ELECTRONICS CORP

Effective: 2022-01-01
Successor: Katrina L. Sparano
Filed: January 4, 2022, 6:59 PM ET

The Board of Directors has appointed David A. O’Neil and Katrina L. Sparano as the Company’s new President and Chief Executive Officer, and Treasurer and Chief Financial Officer, respectively, effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Patrick T. Enright, Jr. resigned as President and Chief Executive Officer at ESPEY MFG & ELECTRONICS CORP.

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

Patrick T. Enright, Jr. has resigned from his position as President and Chief Executive Officer, effective December 31, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Katrina L. Sparano was appointed as Treasurer and Chief Financial Officer at ESPEY MFG & ELECTRONICS CORP.

Action: appointed
Role: Treasurer and Chief Financial Officer

Exact text from the filing

The Board of Directors has appointed David A. O’Neil and Katrina L. Sparano as the Company’s new President and Chief Executive Officer, and Treasurer and Chief Financial Officer, respectively, effective January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

David A. O’Neil was appointed as President and Chief Executive Officer at ESPEY MFG & ELECTRONICS CORP.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

The Board of Directors has appointed David A. O’Neil and Katrina L. Sparano as the Company’s new President and Chief Executive Officer, and Treasurer and Chief Financial Officer, respectively, effective January 1, 2022.

View on SEC.gov

ESPEY MFG & ELECTRONICS CORP filing history →

Source: SEC EDGAR

accession 0001174947-22-000020

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