BUFFALO, N.Y. — Kenneth Trbovich, chairman and CEO of Servotronics Inc., has been placed on paid administrative leave while the company’s board of directors conducts an internal investigation.
The company’s chief operating officer, James Takacs, will take over Trbovich’s duties in his absence, according to a Servotronics 8-K filing.
The investigation is related to a June 7 legal complaint filed in state Supreme Court by Deneb Pirrone, who remains a Servotronics employee and shareholder. You can read the full story, and see the full legal complaint on Buffalo Business First's website.
