Gencor Industries (GENC) founder to retire as Executive Chairman; Marc Elliott named Chairman
Rhea-AI Filing Summary
Gencor Industries, Inc. reports a planned leadership transition. On December 17, 2025, founder and longtime leader EJ Elliott informed the Board that he will retire as Executive Chairman, effective December 31, 2025. He founded Gencor in 1968, has served as Chairman of the Board since then, and was Chief Executive Officer from 1968 to 2016.
In connection with this retirement, the Board has appointed Marc Elliott, currently Gencor’s President and a director since 2007, to become Chairman effective January 1, 2026. The company also issued a press release about this transition, furnished as Exhibit 99.1.
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Insights
Founder retires as Executive Chairman; internal successor named Chairman.
Gencor Industries discloses that founder EJ Elliott will retire as Executive Chairman effective
The Board has appointed Marc Elliott, the current President and a director since 2007, to serve as Chairman effective
The transition centers on governance and oversight rather than disclosing any financial or strategic shift. Investors focused on board stability and succession planning may pay particular attention to Marc Elliott’s combined roles as President and Chairman after January 1, 2026, as future company communications describe his priorities.
FAQ
What leadership change did Gencor Industries (GENC) disclose?
Gencor Industries disclosed that EJ Elliott will retire as Executive Chairman effective December 31, 2025, and that Marc Elliott will become Chairman effective January 1, 2026.
Who is EJ Elliott at Gencor Industries (GENC) and what is his history with the company?
EJ Elliott founded Gencor in 1968, has been Chairman of the Board since 1968, and served as Chief Executive Officer from 1968 to 2016. He is retiring as Executive Chairman at the end of 2025.
Who will become Chairman of Gencor Industries (GENC) and when?
Marc Elliott, currently President of Gencor and a Board member since 2007, has been appointed to serve as Chairman effective January 1, 2026.
Does Marc Elliott already hold roles at Gencor Industries (GENC)?
Yes. Marc Elliott currently serves as President of Gencor and has served on the Board of Directors since 2007, prior to his appointment as Chairman.
Did Gencor Industries (GENC) issue a press release about the leadership transition?
Yes. A press release regarding the leadership transition was issued by Gencor Industries, Inc. and is furnished as Exhibit 99.1 to the report.
What type of SEC disclosure did Gencor Industries (GENC) use for this leadership change?
The leadership change was disclosed in a current report filed under the Securities Exchange Act of 1934, describing EJ Elliott’s retirement and the appointment of Marc Elliott as Chairman.