Espey CEO resigns
SARATOGA SPRINGS >> Espey Manufacturing & Electronics Corp. president and CEO Mark St. Pierre has resigned his position with the company, according to a news release from the firm’s board of directors.
No reason was given for the resignation, which takes effect June 27.
St. Pierre has been the company’s president since 2009 and CEO since 2010.
David O’Neil, the company’s chief financial officer, has been appointed as interim president and CEO. Katrina Sparano, currently assistant treasurer and principal accounting officer, has been appointed as interim principal financial officer.
The board of directors has started a search for a permanent successor to St. Pierre.
Espey’s primary business is the development, design, and production of specialized military and industrial power supplies/ electronic equipment.
The company’s website is www.espey.com.