---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-22-000020"
form_type: "8-K"
ticker: "ESP"
cik: "0000033533"
company_name: "ESPEY MFG & ELECTRONICS CORP"
filed_at: "2022-01-04T23:59:59+00:00"
generated_at: "2026-06-27T21:08:27.336563+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001174947-22-000020
- form_type: 8-K
- ticker: ESP
- cik: 0000033533
- company_name: ESPEY MFG & ELECTRONICS CORP
- filed_at: 2022-01-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33533/000117494722000020/0001174947-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33533/000117494722000020/form8k-27152_esp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-22-000020
- JSON: https://secwatch.observer/filing/0001174947-22-000020.json
- Plain text: https://secwatch.observer/filing/0001174947-22-000020.txt

## Key facts
- Executive change
  Patrick T. Enright, Jr. resigned as President and Chief Executive Officer at ESPEY MFG & ELECTRONICS CORP.
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Patrick T. Enright, Jr. has resigned from his position as President and Chief Executive Officer, effective December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33533/000117494722000020/0001174947-22-000020-index.htm
- Executive change
  Katrina L. Sparano was appointed as Treasurer and Chief Financial Officer at ESPEY MFG & ELECTRONICS CORP.
  - Action: appointed
  - Role: Treasurer and Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33533/000117494722000020/0001174947-22-000020-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33533/000117494722000020/0001174947-22-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.