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Stock Market & Financial Investment News

News Breaks
June 17, 2014
17:28 EDTLGLLGL Group appoints Michael Ferrantino CEO
The LGL Group announced that Michael Ferrantino, Sr., has been appointed as Executive Chairman and CEO of The LGL Group, Inc. Following the Company’s announcement on May 21, of Mr. Ferrantino’s appointment as Interim CEO of the company and its subsidiary, MtronPTI, the company’s Board of Directors has appointed Mr. Ferrantino to serve as Executive Chairman and CEO of the company, further solidifying his role in managing the businesses towards profitable growth. LaDuane Clifton, the Company’s CFO, said, “Michael’s industry knowledge and experience has immediately benefited LGL, both as a driving force behind acquisitions, such as the recent Trilithic filter asset purchase, as well as through our efforts to rationalize operations. Our team is pleased to have the opportunity to work with him as he reorients the business on a path of profitable growth coupled with manufacturing excellence.”
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