Servotronics (SVT) Faces Beaver Hollow Wellness’ Push for Director Change After Cash Collapse and Governance Failures

Summary

Beaver Hollow Wellness (May 13, 2025) launched its S.A.V.E. Servotronics Plan, urging board change after years of financial decline at Servotronics. It cites net income dropping from $5M in 2021 to a $0.3M loss in 2024, cash collapsing to just $46K, and failed debt and divestiture decisions that left the company lagging peers. BHW proposes new independent directors, lean manufacturing, debt restructuring, stronger governance, and workforce empowerment to restore profitability and credibility, urging shareholders to back its slate and withhold support from entrenched incumbents.

Company Name: Servotronics Inc
Symbol: SVT
Filing Date: May-13-2025
Filer Name: Beaver Hollow Wellness, LLC

Source:

https://www.sec.gov/Archives/edgar/data/89140/000143774925016502/bhw20250513_dfan14a.htm

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