Michael J. Ferrantino to Join the Board of LGL Group, Inc
August 14, 2019 at 06:43 am
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On August 8, 2019, the board of directors of LGL Group, Inc., nominated Michael J. Ferrantino, Jr. to join the board, effective immediately. Mr. Ferrantino, the son of current Executive Vice Chairman and CEO Michael J. Ferrantino, Sr., currently holds the position of Chief Executive Officer for Interex, Inc. and is on the board of Gabelli Equity Trust, Inc. and Gabelli Utility Trust. Mr. Ferrantino was previously Chief Executive Officer & Director at Valpey-Fisher Corp.
The LGL Group, Inc. is a holding company engaged in services, merchant investment and manufacturing business activities. The Company, through its subsidiary, Precise Time and Frequency, LLC (PTF), produces industrial electronic instruments and commercial products and services. PTF operates from its design and manufacturing facility in Wakefield, Massachusetts. It operates through two segments: Electronic Instruments and Merchant Investment. The Electronic Instruments segment operates through PTF, which is engaged in the design of frequency and time reference standards that form the basis for timing and synchronization in various applications, including satellite communication, time transfer systems, network synchronization, electricity distribution and metrology. The Merchant Investment segment consists of various investment vehicles in which the Company has a shareholder, partner, or general partner interest, and through which LGL Group invests its capital.
THE LGL GROUP, INC. 
