ESCO Technologies Inc. Announces Retirement of Larry W. Solley as the Nominating and Corporate Governance Committee of Board of Directors
November 23, 2021 at 10:40 am EST
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On November 17, 2021, ESCO Technologies Inc. announced director Larry W. Solley notified the Nominating and Corporate Governance Committee of the Company?s Board of Directors that he has decided to retire from the Board, effective the date of the Company?s 2022 Annual Meeting of Stockholders. Mr. Solley indicated that his retirement from the Board was not due to any disagreement with the Company or concerns relating to the Company?s operations, policies or practices. Mr. Solley, who currently chairs the Nominating and Corporate Governance Committee and also serves on the Human Resources and Compensation Committee, intends to finish his current term. In order to avoid a vacancy on the Board resulting from Mr. Solley?s retirement, the Board of Directors then approved reducing the size of the Board from eight to seven directors upon the expiration of Mr. Solley?s term.
ESCO Technologies Inc. provides highly engineered products and solutions to diverse and growing end-markets that include the aerospace, defense, space, healthcare, wireless, consumer electronics, electric utility and renewable energy industries. The Company has three segments: Aerospace & Defense (A&D), Utility Solutions Group (USG), and RF Test & Measurement (Test). A&D segment primarily designs and manufactures specialty filtration, fluid control and naval products, including hydraulic filter elements, fluid control devices and precision-tolerance machined components. USG is engaged in the development, manufacture and delivery of diagnostic testing and data management solutions that enable electric power grid operators to assess the integrity of high-voltage power delivery equipment. Test segment designs and manufactures products and systems to measure and control RF and acoustic energy for research and development, regulatory compliance, and medical and security applications.
ESCO TECHNOLOGIES INC. 
