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Times Union, Albany, N.Y., Business Briefs Column.
Knight Ridder/Tribune Business News, November, 2003
Times Union, Albany, N.Y. Knight Ridder/Tribune Business News
Nov. 17--SARATOGA SPRINGS, N.Y.--ESPEY MUST FILL AUDIT VACANCY AFTER SHAREHOLDER REVOLT: Espey Manufacturing & Electronics Corp. said it will move quickly to place a new outside director at the head of its Auditing Committee, after the surprise purge of two directors at the company's annual meeting Thursday.
Paul J. Corr, a certified public accountant and professor of business at Skidmore College, who had chaired the committee, lost in a vote called by a shareholder.
Shareholders also voted off the board Vermont attorney Michael W. Wool. Director and former company Vice President William P. Greene survived.
The move left Espey with two Audit Committee members, one...
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