Gencor Industries (NYSE: GENC) appoints Raymond Cole as interim CFO

Did Gencor (GENC) report any related party transactions with Raymond Cole?

Rhea-AI Filing Summary

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Filing Exhibits & Attachments

8-K Event Classification

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Key Terms

What executive leadership change did Gencor (GENC) disclose in this 8-K?

What is Raymond Cole’s compensation as Gencor (GENC) Interim CFO?

What prior experience does Gencor’s new Interim CFO Raymond Cole have?

What is Raymond Cole’s educational background relevant to his role at Gencor?

How is Raymond Cole’s role at Gencor (GENC) structured legally?

Gencor states there are no transactions between Raymond Cole or his immediate family and the company or its subsidiaries that would be reportable as related party transactions. The filing also notes there are no family relationships between Cole and any current director or executive officer.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Gencor Industries, Inc. appointed Raymond Cole as Interim Chief Financial Officer effective June 1, 2026. Cole, age 61, will serve under a consulting agreement on an at-will basis, with compensation of $32,500 per month.

He previously served as Chief Financial Officer of ECD Automotive Design, Inc. and has held senior roles at LuckyJack, LLC, Empowered Media, LLC, and American Express, with earlier experience in mergers and acquisitions at Salomon Smith Barney and JPMorgan Chase. The company states there are no related party transactions or family relationships between Cole and its directors or executive officers.

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Effective date of appointment: June 1, 2026 Monthly compensation: $32,500 per month Age of Interim CFO: 61 years +3 more

6 metrics

Effective date of appointment June 1, 2026 Raymond Cole named Interim Chief Financial Officer

Monthly compensation $32,500 per month Consulting agreement for Interim CFO role

Age of Interim CFO 61 years Raymond Cole’s age at appointment

ECD consulting period January 2025 to May 2026 Consultant to ECD Automotive Design, Inc.

ECD CFO tenure May 2023 to October 2024 Previously Chief Financial Officer at ECD Automotive Design, Inc.

LuckyJack CEO tenure November 2020 to April 2023 Served as Chief Executive Officer at LuckyJack, LLC

Interim Chief Financial Officer, consulting agreement, de-SPAC transaction, related party transaction, +1 more

5 terms

Interim Chief Financial Officer financial

"the Company appointed Mr. Raymond Cole as the Company’s Interim Chief Financial Officer"

An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.

consulting agreement financial

"Mr. Cole has a consulting agreement with the Company, and his employment will be on an at-will basis"

de-SPAC transaction financial

"Mr. Cole led and oversaw restructuring of the internal financial department and internal controls, the Company’s de-SPAC transaction, capital raises and two acquisitions"

A de-SPAC transaction is the process by which a privately held company becomes a public company by combining with a special purpose acquisition company (SPAC), allowing the private business to start trading on a stock exchange without a traditional initial public offering. It matters to investors because it suddenly opens a new investment opportunity but also brings rapid changes in ownership, fresh financial disclosures and potential price volatility and dilution—think of a local shop joining a national franchise and immediately being sold to the public.

emerging growth company regulatory

"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

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Understanding 8-K Material Events →

06/04/2026 - 04:01 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report: June 4, 2026

(Date of earliest event reported)

GENCOR INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-11703

59-0933147

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

5201 North Orange Blossom Trail, Orlando, Florida 32810

(Address of principal executive offices) (Zip Code)

(407) 290-6000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock ($.10 Par Value)	GENC	NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 1, 2026, Gencor Industries, Inc. (the “Company”) appointed Mr. Raymond Cole as the Company’s Interim Chief Financial Officer.

Mr. Cole, age 61, most recently served as a consultant to ECD Automotive Design, Inc. (“ECD Auto Design”) (NASDAQ: ECDA), an automotive restoration company, and the world’s largest Land Rover restoration company, from January 2025 to May 2026, assisting with specialty sales and business development. Previously, Mr. Cole served as the Chief Financial Officer of ECD Auto Design from May 2023 to October 2024, where Mr. Cole led and oversaw restructuring of the internal financial department and internal controls, the Company’s de-SPAC transaction, capital raises and two acquisitions. Mr. Cole also previously served as the Chief Executive Officer at LuckyJack, LLC from November 2020 to April 2023. Prior to this Mr. Cole was the Chief Operating Officer and Chief Financial Officer at Empowered Media, LLC, and was a Director at American Express. Mr. Cole began his career in the mergers and acquisitions groups at Salomon Smith Barney and JPMorgan Chase. Mr. Cole holds a master’s degree in business administration and finance from the Zicklin School of Business at Baruch College and a bachelor’s degree in economics from Fordham University. Mr. Cole also served as an adjunct professor at Berkeley College in NYC, and at the New York Institute of Finance, where he taught corporate finance. Mr. Cole has a consulting agreement with the Company, and his employment will be on an at-will basis at $32,500 per month.

There are no transactions between Mr. Cole or any member of his immediate family and the Company, or any of its subsidiaries, that would be reportable as a related party transaction under the rules of the Securities and Exchange Commission. In addition, there are no family relationships between Mr. Cole and any current director or executive officer of the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Source: View Original Filing on SEC EDGAR

Gencor Industries appointed Raymond Cole as Interim Chief Financial Officer effective June 1, 2026. He will serve under a consulting agreement, replacing the prior finance leadership structure on a temporary basis while bringing extensive CFO and mergers and acquisitions experience to the company’s executive team.

Raymond Cole will be paid $32,500 per month as Interim CFO of Gencor. This compensation is under a consulting agreement, and his employment is at-will, giving the company flexibility while it utilizes his financial and operational expertise during the interim period.

Raymond Cole previously served as Chief Financial Officer of ECD Automotive Design, Inc. and later as a consultant there. He has also been CEO of LuckyJack, LLC, COO and CFO at Empowered Media, and a director at American Express, with early M&A roles at major banks.

Raymond Cole holds an MBA in business administration and finance from the Zicklin School of Business at Baruch College and a bachelor’s degree in economics from Fordham University. He has also taught corporate finance as an adjunct professor at Berkeley College and the New York Institute of Finance.

Raymond Cole’s role as Interim Chief Financial Officer is governed by a consulting agreement with Gencor. His employment is at-will, meaning either party may end the relationship at any time, which is typical for interim executive appointments and offers organizational flexibility.

GENCOR INDUSTRIES, INC.

June 4, 2026

/s/ Marc G. Elliott

Marc G. Elliott, President and Chairman of the Board

3 documents