Ferrantino will succeed Greg Anderson, who has left both president and CEO roles, LGL Group said Thursday.
âIn the interim, Michael will immediately assume the role of interim CEO and the board will begin the search for a new CEO to lead the company, â said Marc Gabelli, chairman of the board.
The 30-year veteran in high technologies has been executive vice chairman of LGLâs board and executive chairman of its MtronPTI subsidiary since he joined the parent company in October 2013.