Shareholder Value Transfer - SVT

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Hoover's Company Profiles:

Servotronics, Inc.

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(NYSE Amex:SVT)
Contact Information
Servotronics, Inc.
1110 Maple St.
Elma, NY 14059
NY Tel. 716-655-5990
Fax 716-655-6012

Type: Public
On the web: http://www.servotronics.com
Employees: 285
Employee growth: (0.3%)

Servotronics knows how to get things moving and cut to the chase. The company makes devices that convert electricity into mechanical movement and cutlery products. Its advanced technology products include servo-control components (torque motors, electromagnetic actuators, and hydraulic and pneumatic valves), which it sells mainly to clients in the aerospace industry. These include Honeywell, United Technologies, and the US government. Servotronics' cutlery unit makes a broad range of products from machetes and bayonets to kitchen knives and putty knives. Customers include retailers, restaurants, and agencies of the US government.

Key numbers for fiscal year ending December, 2011:
Sales: $34.2M
One year growth: 8.0%
Net income: $2.6M
Income growth: 23.4%

Officers:
Chairman, President, and CEO: Nicholas D. Trbovich
EVP, COO, and Director: Nicholas D. Trbovich Jr.
CFO and Treasurer: Cari L. Jaroslawsky

Competitors:
Fiskars
Hamilton Sundstrand
Magnetek

Investopedia Financial Dictionary:

Shareholder Value Transfer - SVT

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A measurement of the amount of shareholders' equity flowing out of a company to its executives through exercised stock options.

Investopedia Says:
This is usually a dollar based cost, the value is measured as the difference between the strike price of the executive's options and the market value at the time of exercise.


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