M-tron Industries, Inc. Elevates Linda Biles to Executive Vice President

M-tron Industries, Inc. (NYSE American: MPTI) (“Company” or “MtronPTI”) is delighted to announce the promotion of Linda Biles to the position of Executive Vice President of Finance, effective April 16, 2024.

Linda has demonstrated dedication, exceptional leadership, and outstanding financial acumen throughout her tenure at MtronPTI. With 16 years of invaluable experience with the company, she has continually exhibited a deep understanding of our financial landscape and has played an integral role in shaping MtronPTI’s fiscal strategies and successes.

In Linda’s previous roll as Vice President & Controller, she has exhibited exceptional proficiency in managing financial operations, driving efficiencies, and fostering financial growth. Her strategic insights and steadfast commitment to excellence have consistently contributed to the achievement of our organizational goals and the enhancement of shareholder value.

“We are thrilled to announce Linda’s promotion to the role of Executive Vice President of Finance,” said Michael Ferrantino, CEO. “With her expertise and dedication, we are confident that she will excel in leading our finance team and driving our financial strategies forward.”

Linda holds a BS degree in accounting from Canisius College and has held the positions of Vice-President and Chief Financial Officer for AO Precision Manufacturing (November 1999 to June 2007), prior to joining MtronPTI. Please join us in congratulating her on this well-deserved promotion.

She takes over the role from outgoing CFO James Tivy who, after 6 years with the company, gave his notice of resignation to pursue other opportunities. James has been an integral part of MtronPTI’s spin from its former parent, The LGL Group. As he embarks on his next chapter, we wish him every success and thank him for his significant contributions.

About MtronPTI:

M-tron Industries, Inc. trades publicly on the NYSE American under the symbol MPTI. Originally founded in 1965, MtronPTI designs, manufactures and markets highly-engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, MtronPTI provides close support to its customers throughout our products’ entire life cycle, including product design, prototyping, production and subsequent product upgrades. MtronPTI has design and manufacturing facilities in Orlando, Florida and Yankton, South Dakota, a sales office in Hong Kong, and a manufacturing facility in Noida, India.