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Servotronics Inc./DE – ‘10-K’ for 12/31/22 – ‘EX-24’

On:  Friday, 3/31/23, at 8:57am ET   ·   For:  12/31/22   ·   Accession #:  1410578-23-504   ·   File #:  1-07109

Previous ‘10-K’:  ‘10-K/A’ on 4/29/22 for 12/31/21   ·   Next:  ‘10-K/A’ on 4/28/23 for 12/31/22   ·   Latest:  ‘10-K’ on 3/22/24 for 12/31/23   ·   9 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/31/23  Servotronics Inc./DE              10-K       12/31/22   74:8.5M                                   Toppan Merrill/FA2

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.37M 
 2: EX-4.4      Instrument Defining the Rights of Security Holders  HTML     31K 
 3: EX-10.8     Material Contract                                   HTML     32K 
 4: EX-21       Subsidiaries List                                   HTML     32K 
 5: EX-23.1     Consent of Expert or Counsel                        HTML     22K 
 6: EX-24       Power of Attorney                                   HTML     22K 
 7: EX-31.1     Certification -- §302 - SOA'02                      HTML     27K 
 8: EX-31.2     Certification -- §302 - SOA'02                      HTML     27K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     23K 
10: EX-32.2     Certification -- §906 - SOA'02                      HTML     23K 
16: R1          Document and Entity Information                     HTML     88K 
17: R2          Consolidated Balance Sheets                         HTML    115K 
18: R3          Consolidated Balance Sheets (Parentheticals)        HTML     29K 
19: R4          Consolidated Statements of Operations               HTML     99K 
20: R5          Consolidated Statements of Comprehensive            HTML     50K 
                (Loss)/Income                                                    
21: R6          Consolidated Statements of Cash Flows               HTML    105K 
22: R7          Business Description and Summary of Significant     HTML     45K 
                Accounting Policies                                              
23: R8          Inventories                                         HTML     39K 
24: R9          Property, Plant and Equipment                       HTML     42K 
25: R10         Long-Term Debt                                      HTML     68K 
26: R11         Employee Benefit Plans                              HTML    113K 
27: R12         Income Taxes                                        HTML    104K 
28: R13         Shareholders' Equity                                HTML    173K 
29: R14         Litigation                                          HTML     28K 
30: R15         Related Party Transactions                          HTML     25K 
31: R16         Business Segments                                   HTML    166K 
32: R17         Business Description and Summary of Significant     HTML     86K 
                Accounting Policies (Policies)                                   
33: R18         Business Description and Summary of Significant     HTML     26K 
                Accounting Policies (Tables)                                     
34: R19         Inventories (Tables)                                HTML     40K 
35: R20         Property, Plant and Equipment (Tables)              HTML     40K 
36: R21         Long-Term Debt (Tables)                             HTML     63K 
37: R22         Employee Benefit Plans (Tables)                     HTML    116K 
38: R23         Income Taxes (Tables)                               HTML    105K 
39: R24         Shareholders' Equity (Tables)                       HTML    168K 
40: R25         Business Segments (Tables)                          HTML    162K 
41: R26         Business Description and Summary of Significant     HTML     34K 
                Accounting Policies - Estimated useful lives of                  
                depreciable properties (Details)                                 
42: R27         Business Description and Summary of Significant     HTML     61K 
                Accounting Policies - Additional Information                     
                (Details)                                                        
43: R28         Inventories - Summary of inventories (Details)      HTML     34K 
44: R29         Property, Plant and Equipment - Summary of          HTML     38K 
                property, plant and equipment (Details)                          
45: R30         Property, Plant and Equipment - Additional          HTML     44K 
                Information (Details)                                            
46: R31         Long-Term Debt - Summary of long term debt          HTML     35K 
                (Details)                                                        
47: R32         Long-Term Debt - Summary of long term debt          HTML     32K 
                information (Details)                                            
48: R33         Long-Term Debt - Maturities (Details)               HTML     31K 
49: R34         Long-Term Debt - Additional Information (Details)   HTML    102K 
50: R35         Employee Benefit Plans (Details)                    HTML     59K 
51: R36         Employee Benefit Plans - Schedule of amounts        HTML     36K 
                recognized in the balances sheets (Details)                      
52: R37         Employee Benefit Plans - Schedule of beginning and  HTML     36K 
                ending balances of accumulated postretirement                    
                benefit obligations (Details)                                    
53: R38         Employee Benefit Plans - Schedule of financial      HTML     37K 
                information for this Plan (Details)                              
54: R39         Employee Benefit Plans - Schedule of assumptions    HTML     27K 
                used as of and for the years (Details)                           
55: R40         Employee Benefit Plans - Schedule of                HTML     32K 
                postretirement health care benefits costs and                    
                obligation (Details)                                             
56: R41         Employee Benefit Plans - Schedule of benefit        HTML     35K 
                payments (Details)                                               
57: R42         Income Taxes - Income tax provision from            HTML     40K 
                operations included in consolidated statements of                
                operations (Details)                                             
58: R43         Income Taxes - Effective tax rate based upon total  HTML     40K 
                income tax provision (Benefit) From Continuing                   
                Operations (Details)                                             
59: R44         Income Taxes - Deferred tax assets (Liabilities)    HTML     56K 
                (Details)                                                        
60: R45         Income Taxes - Additional information (Details)     HTML     32K 
61: R46         Shareholders' Equity - Summary of common            HTML     63K 
                shareholders' equity (Details)                                   
62: R47         Shareholders' Equity - Share Repurchase Program     HTML     32K 
                (Details)                                                        
63: R48         Shareholders' Equity - 2012 Long-Term Incentive     HTML     47K 
                Plan (Details)                                                   
64: R49         Shareholders' Equity - Calculation of earning per   HTML     58K 
                share (Details)                                                  
65: R50         Shareholders' Equity - Restricted stock activity    HTML     41K 
                (Details)                                                        
66: R51         Litigation (Details)                                HTML     38K 
67: R52         Related Party Transactions (Details)                HTML     28K 
68: R53         Business Segments - Summary of company's            HTML    119K 
                operations (Details)                                             
69: R54         Business Segments (Details)                         HTML     23K 
72: XML         IDEA XML File -- Filing Summary                      XML    127K 
70: XML         XBRL Instance -- svt-20221231x10k_htm                XML   1.87M 
71: EXCEL       IDEA Workbook of Financial Reports                  XLSX    114K 
12: EX-101.CAL  XBRL Calculations -- svt-20221231_cal                XML    174K 
13: EX-101.DEF  XBRL Definitions -- svt-20221231_def                 XML    447K 
14: EX-101.LAB  XBRL Labels -- svt-20221231_lab                      XML    984K 
15: EX-101.PRE  XBRL Presentations -- svt-20221231_pre               XML    792K 
11: EX-101.SCH  XBRL Schema -- svt-20221231                          XSD    137K 
73: JSON        XBRL Instance as JSON Data -- MetaLinks              408±   638K 
74: ZIP         XBRL Zipped Folder -- 0001410578-23-000504-xbrl      Zip    346K 


‘EX-24’   —   Power of Attorney


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Exhibit 24

POWER OF ATTORNEY

Annual Report on Form 10-K

Servotronics, Inc.

I, the undersigned, a director of Servotronics, Inc., a Delaware corporation, do hereby constitute and appoint Michael C. Donlon to be my true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, to sign my name to the Annual Report on Form 10-K of Servotronics, Inc. for the fiscal year ended December 31, 2022, and all amendments thereto, and to file, or cause to be filed, the same with all exhibits thereto (including this power of attorney), and other documents in connection therewith with the Securities and Exchange Commission, provided that such Annual Report on Form 10-K in final form, and any amendment or amendments thereto and such other documents, be approved by said attorney-in-fact; and I do hereby grant unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in or about the premises, as fully and to all intents and purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have subscribed these presents this 24th day of March, 2023.


Brent D. Baird



Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/31/23None on these Dates
For Period end:12/31/22
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/22/24  Servotronics Inc./DE              10-K       12/31/23   78:8.1M                                   Toppan Merrill/FA2


8 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/15/23  Servotronics Inc./DE              8-K:1,5,7,9 2/14/23   12:258K                                   Toppan Merrill/FA
 5/16/22  Servotronics Inc./DE              10-Q        3/31/22   59:5.7M                                   Toppan Merrill/FA2
 4/27/22  Servotronics Inc./DE              8-K:1,3,5,7 4/22/22   13:365K                                   Toppan Merrill/FA
 3/15/17  Servotronics Inc./DE              10-K       12/31/16   72:3.5M                                   Toppan Vite NY Inc./FA
12/04/14  Servotronics Inc./DE              8-K:1,2,9  12/01/14    3:507K                                   Toppan Vite NY Inc./FA
 6/04/12  Servotronics Inc./DE              DEF 14A     7/03/12    1:484K                                   Toppan Vite NY Inc./FA
 4/29/99  Servotronics Inc./DE              10KSB/A    12/31/98    1:15K                                    Bowne BCL/FA
 4/29/97  Servotronics Inc./DE              10KSB/A    12/31/96    1:15K                                    Bowne BCL/FA
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Filing Submission 0001410578-23-000504   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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