Byline: James Denn Business writer
The president and chief operating officer of Mechanical Technology Inc. in Latham resigned on Friday after seven years with the high-technology firm.
Richard K. Schmidt, 47, resigned his $186,578-a-year post "to pursue other business interests after having served as president and a member of the board of directors of MTI since 1984," said a company announcement Friday from Harry Apkarian, MTI chairman.
In a prepared statement, Apkarian said that Donald R. VanLuvanee will be replacing Schmidt as president and director of MTI.
VanLuvanee was formerly president of Kulikce & Soffa Industries of Willow Grove, …
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