TechPrecision Corporation announced that James Molinaro, the company's Chief Executive Officer, informed the company's board of directors that he has decided to resign from all positions he holds with the company, including the positions of Chief Executive Officer and director, to pursue other opportunities. Such resignation shall be effective as of the close of business on May 13, 2013. The company's board of directors has given Leonard Anthony, the current chairman of the board of directors, the responsibilities of the company's principal executive officer, making him the company's Executive Chairman while the company undertakes a search to find a permanent Chief Executive Officer.