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Gencor ( (GENC) ) has provided an update.
On December 23, 2025, Gencor Industries, Inc. announced that its founder and long-time leader EJ Elliott will retire as Executive Chairman of the Board effective December 31, 2025, marking the end of a tenure that began with the company’s founding in 1968 and included service as Chief Executive Officer from 1968 to 2016. In a planned leadership transition that maintains family and management continuity, the Board has appointed current President and director Marc Elliott, who has served on the Board since 2007, to become Chairman effective January 1, 2026, a move that signals stability for stakeholders as the company navigates its position in the heavy machinery and highway construction equipment market.
More about Gencor
Gencor Industries, Inc., listed on the NYSE American under the ticker GENC, is a leading manufacturer of heavy machinery used in the production of highway construction equipment and materials, as well as environmental control equipment, serving infrastructure and related industrial markets.
Average Trading Volume: 22,559
Technical Sentiment Signal: Sell
Current Market Cap: $186.4M
For a thorough assessment of GENC stock, go to TipRanks’ Stock Analysis page.