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Espey Mfg & Electronics Signs New CEO Agreement

Story Highlights
  • Espey Mfg & Electronics signed a new employment agreement with CEO David A. O’Neil.
  • The agreement includes a $400,000 salary and performance-based bonuses, with specific severance terms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Espey Mfg & Electronics Signs New CEO Agreement

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The latest announcement is out from Espey Mfg & Electronics ( (ESP) ).

On September 8, 2025, Espey Mfg & Electronics entered a new Employment Agreement with its President and CEO, David A. O’Neil. The agreement, effective from July 1, 2025, to June 30, 2028, maintains a base salary of $400,000 with a performance-based bonus structure similar to the previous contract. The new terms also outline severance pay conditions if Mr. O’Neil is terminated without cause or leaves due to a change of control.

Spark’s Take on ESP Stock

According to Spark, TipRanks’ AI Analyst, ESP is a Outperform.

Espey Mfg & Electronics receives a strong overall score due to its excellent financial performance characterized by high margins and zero debt, combined with positive technical indicators and attractive valuation metrics. The absence of earnings call data and corporate events does not detract from its solid position.

To see Spark’s full report on ESP stock, click here.

More about Espey Mfg & Electronics

Average Trading Volume: 27,582

Technical Sentiment Signal: Buy

Current Market Cap: $141.9M

For an in-depth examination of ESP stock, go to TipRanks’ Overview page.

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