Gibraltar Industries CFO Lovechio to resign Nov. 20
Jeffrey J. Watorek's interim CFO appointment includes additional biweekly cash compensation of $5,750 while he serves.
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Form Type
8-K
Rhea-AI Filing Summary
Gibraltar Industries, Inc. (ROCK) said Joseph A. Lovechio will resign as Vice President and Chief Financial Officer, principal financial officer and principal accounting officer, effective November 20, 2026, to pursue another opportunity. The company said his resignation was not related to a disagreement over its operations, financial reporting, policies or practices.
Effective November 20, 2026, Jeffrey J. Watorek, the company's Vice President and Treasurer, will become Interim Chief Financial Officer and principal financial officer while retaining his current role. Gibraltar has begun a search for a permanent CFO. Watorek will receive additional biweekly cash compensation of $5,750 while serving, prorated for partial periods. Lori Rizzo, Vice President and Corporate Controller, will become principal accounting officer while continuing in her current role.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
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.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Additional interim CFO compensation: $5,750 in biweekly cash compensation
Watorek's age: 47 years
Rizzo's age: 58 years
+1 more
4 metrics
Additional interim CFO compensation
$5,750 in biweekly cash compensation
Payable while Jeffrey J. Watorek serves as Interim Chief Financial Officer; prorated for partial periods.
Watorek's age
47 years
Age stated in the appointment disclosure.
Rizzo's age
58 years
Age stated in the appointment disclosure.
Watorek's tenure with Gibraltar
Over 18 years
Tenure stated in the company's announcement.
Key Terms
principal financial officer, principal accounting officer, prorated, forward-looking statements
4 terms
principal financial officer technical
"as the Company’s principal financial officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
principal accounting officer technical
"as the Company’s principal accounting officer"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
prorated financial
"prorated for any partial period service"
Prorated means dividing or allocating a quantity, cost, or benefit proportionally based on the amount of time or usage involved. For example, if a service fee is paid monthly but someone uses only part of the month, the fee is adjusted to reflect the actual time used. This ensures fairness by matching costs or benefits to the actual period or amount involved, which can impact how investors evaluate expenses, returns, or value.
forward-looking statements regulatory
"contains “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much additional compensation will ROCK's interim CFO receive?
Jeffrey J. Watorek will receive $5,750 in additional biweekly cash compensation while serving as Interim Chief Financial Officer. The amount is prorated for any partial period of service and paid in accordance with the company's regular payroll practices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 5, 2026 (November 2, 2026)
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation ) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
(716 ) 826-6500
(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:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
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.
Chief Financial Officer Resignation
On November 2, 2026, Joseph A. Lovechio notified Gibraltar Industries, Inc. (the “Company”) of his decision to resign as Vice President and Chief Financial Officer, and as the Company’s principal financial officer and principal accounting officer, effective November 20, 2026 (the “Effective Date”), to pursue another opportunity. Mr. Lovechio’s resignation was not the result of any disagreement with the Company on any matter related to the Company’s operations, financial reporting, policies or practices.
Interim Chief Financial Officer Appointment
On November 3, 2026, the Company’s Board of Directors (the “Board”) appointed Jeffrey J. Watorek, Vice President and Treasurer, as Interim Chief Financial Officer and the Company’s principal financial officer, effective as of the Effective Date, while continuing in his current role as Vice President and Treasurer. The Company has commenced a process to identify its next Chief Financial Officer.
Mr. Watorek, age 47, has served as Vice President and Treasurer of the Company since April 2017 and also served as the Company’s Secretary from April 2017 to February 2022. Prior to April 2017, Mr. Watorek served as the Company’s Director of Financial Planning and Analysis since 2012 and Manager of External Reporting from 2008 to 2012. Prior to joining the Company, Mr. Watorek served as a Manager at Ernst & Young. Mr. Watorek graduated from Canisius College (now known as Canisius University) with bachelor’s and master’s degrees in accounting.
In connection with his appointment as Interim Chief Financial Officer, Mr. Watorek shall receive additional biweekly cash compensation of $5,750 for so long as he serves in such position, prorated for any partial period service, payable in accordance with the Company’s regular payroll practices. Mr. Watorek’s other compensation and benefits were not changed in connection with his appointment.
Principal Accounting Officer Appointment
On November 3, 2026, the Board also appointed Lori Rizzo, Vice President and Corporate Controller, as the Company’s principal accounting officer, effective as of the Effective Date, while continuing in her current role as Vice President and Corporate Controller.
Ms. Rizzo, age 58, has served as Vice President and Corporate Controller of the Company since March 2018. Prior to that, Ms. Rizzo served as Director of Accounting and Reporting as of February 2012 and as Corporate Accounting Manager upon joining the Company in January 2008. Prior to joining the Company, Ms. Rizzo held positions in internal audit and SEC reporting at various banking institutions after beginning her career in public accounting.
Additional Information
There are no family relationships, as defined in Item 401(d) of Regulation S-K, between either Mr. Watorek or Ms. Rizzo and any of the Company’s directors or executive officers, or persons nominated or chosen to become a director or an executive officer. There is no arrangement or understanding between Mr. Watorek or Ms. Rizzo and any other person pursuant to which either was selected as an officer of the Company, and neither has any direct or indirect material interest in any transaction or proposed transaction required to be disclosed under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On November 5, 2026, the Company issued a press release announcing the resignation of Mr. Lovechio and the appointment of Mr. Watorek. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
2
Item 9.01 Financial Statements and Exhibits
(a)-(c) Not Applicable
(d) Exhibits:
| Exhibit No. | Description | |||||||
99.1 | Press Release issued by Gibraltar Industries, Inc. dated November 5, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
3
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.
GIBRALTAR INDUSTRIES, INC. | ||||||||||||||
| Date: | November 5, 2026 | |||||||||||||
| By: | /s/ Katherine E. Bolanowski | |||||||||||||
| Katherine E. Bolanowski | ||||||||||||||
| General Counsel, Vice President and Secretary | ||||||||||||||
4
GIBRALTAR INDUSTRIES ANNOUNCES CFO TRANSITION
Buffalo, New York, November 5, 2026 – Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the residential and agtech markets today announced that Joe Lovechio will resign as Chief Financial Officer, effective November 20, 2026, to pursue another professional opportunity.
The Company’s Board of Directors has appointed Jeffrey Watorek, who has served as Gibraltar’s Vice President and Treasurer since 2017, to serve as Interim Chief Financial Officer, effective November 20, 2026. This appointment provides continuity in the Company’s financial leadership while a search is conducted for a permanent successor.
“Joe joined Gibraltar at a pivotal time for our business and helped lead and accelerate our recent portfolio simplification, M&A, and integration initiatives. As a result, we have simplified our business while simultaneously strengthening our leadership position in the markets where we participate. I am excited for Joe and his family for the opportunity in front of him, I know he will have success, and our Management team and Board of Directors wish him the very best,” stated Bill Bosway, Chairman and Chief Executive Officer. “Jeff Watorek has been with Gibraltar over 18 years, has a great understanding of our business, and is a skilled financial executive who has consistently demonstrated integrity and judgment. Jeff has extensive experience in Treasury, M&A, FP&A, and Tax and has also been heavily involved in our recent portfolio simplification and M&A initiatives. I want to thank Jeff for stepping in as Interim CFO during this transition.”
Joe Lovechio commented, “I want to thank Bill, the Board and the entire team for the opportunity to serve over the past two and a half years. I am proud of our shared accomplishments as Gibraltar simplifies the portfolio and strengthens its leadership position to drive greater value. I am committed to a smooth transition and look forward to Gibraltar’s continued growth.”
Jeff Watorek joined Gibraltar in 2008 as the Manager of External Reporting before becoming the Director of Financial Planning & Analysis in 2012. In April 2017, Jeff was appointed Vice President and Treasurer. Jeff began his career with Ernst & Young as Audit Staff Manager. Jeff earned a B.S. in Accounting and MBA in Accounting from Canisius College.
About Gibraltar
Gibraltar is a leading manufacturer and provider of products and services for the residential and agtech markets. Gibraltar’s mission, to make life better for people and the planet, is fueled by advancing the disciplines of engineering, science, and technology. Gibraltar is innovating to reshape critical markets in comfortable living and productive growing throughout North America. For more please visit www.gibraltar1.com.
Forward-Looking Statements
Certain information set forth in this news release, other than historical statements, contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are based, in whole or in part, on current expectations, estimates, forecasts, and projections about the Company’s business, and management’s beliefs about future operations, results, and financial position. These statements are not guarantees of future performance and are subject to a number of risk factors, uncertainties, and assumptions. Actual events, performance, or results could differ materially from the anticipated events, performance, or results expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from current expectations include, among other
things, the ability of Gibraltar to successfully locate and engage a new chief financial officer, the ability of Gibraltar to successfully integrate OmniMax and/or to achieve expected cost and operational synergies from the OmniMax transaction; tariffs and retaliatory tariffs imposed by the United States or other countries on imported goods, including raw materials used in the manufacturing of the Company’s products; changes to economic conditions and customer demand for the Company’s products; the availability and pricing of principal raw materials and component parts, supply chain challenges causing project delays and field operations inefficiencies and disruptions, the loss of any key customers, adverse effects of inflation, the ability to continue to improve operating margins, the ability to generate order flow and sales and increase backlog; the ability to translate backlog into net sales, other general economic conditions and conditions in the particular markets in which we operate, changes in spending due to laws and government incentives, changes in customer demand and capital spending, competitive factors and pricing pressures, the ability to develop and launch new products in a cost-effective manner, the ability to realize synergies from newly acquired businesses, disruptions to IT systems, the impact of trade and regulation, rebates, credits and incentives and variations in government spending and ability to derive expected benefits from restructuring, productivity initiatives, liquidity enhancing actions, and other cost reduction actions;. Before making any investment decisions regarding the company, we strongly advise you to read the section entitled “Risk Factors” in the most recent annual report on Form 10-K which can be accessed under the “SEC Filings” link of the “Investor Info” page of the website at www.Gibraltar1.com. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable law or regulation.
Contact:
Alliance Advisors Investor Relations
Jody Burfening/Carolyn Capaccio
(212) 838-3777
rock@allianceadvisors.com