Edition:
United States

Gencor Industries Inc (GENC.OQ)

GENC.OQ on NASDAQ Stock Exchange Global Market

11.62USD
16 Aug 2019
Change (% chg)

$0.07 (+0.61%)
Prev Close
$11.55
Open
$11.63
Day's High
$11.63
Day's Low
$11.36
Volume
4,164
Avg. Vol
4,712
52-wk High
$14.62
52-wk Low
$10.53

Summary

Name Age Since Current Position

E. Elliott

89 2018 Executive Chairman of the Board

Marc Elliott

53 2017 President, Director

John Elliott

58 2016 Chief Executive Officer

Eric Mellen

50 2014 Chief Financial Officer, Treasurer

Dennis Hunt

62 2012 Senior Vice President - Sales

Jeanne Lyons

60 1996 Secretary

David Air

85 2004 Independent Director

James Sharp

66 2010 Independent Director

Biographies

Name Description

E. Elliott

Mr. E. J. Elliott is an Executive Chairman of the Board of the Company. Mr. E.J. Elliott is the Founder and Executive Chairman of the Company. Mr. Elliott served as Chief Executive Officer from 1968 to 2016. Mr. Elliott’s long tenure has provided him with detailed knowledge of the Company. He has structured and overseen its growth and transformation over the Company’s history. He has been active and held leadership positions in virtually all national and many international associations dealing with heavy machinery manufacturing, and the nation’s highway systems, and has insightful relationships with senior industry executives on a global basis. These leadership experiences allow Mr. Elliott to communicate relevant information about the Company to the Board efficiently and effectively. He has extensive operational experience that provides the Board with timely and valuable insights into Company financial reports, opportunities, and risks. Mr. Elliott’s broad education and experience in business allow him to contribute to a wide variety of Board processes and decisions.

Marc Elliott

Mr. Marc G. Elliott is a President, Director of Gencor Industries, Inc. Mr. Marc G. Elliott joined the company in 1988 and has served in numerous positions in virtually all areas and operations of the company. Mr. Elliott has served as an executive officer of Gencor Industries, Inc. since 1993 and was promoted to President of Gencor Industries, Inc. in 2005. During his tenure with the company he has held numerous positions including President—Construction Equipment Group, President of General Combustion Corporation, Vice President of Marketing and Director of Financial Services for Gencor. Mr. Elliott also served as the Acting Chief Financial Officer of the Company from September 2010 to May 2012. Mr. Elliott has been active in several industry organizations including National Asphalt Pavement Association, Construction Equipment Manufacturer’s Association, Association of Equipment Manufacturer’s, National Stone Sand & Gravel Association, and American Road & Transportation Builder’s Association.

John Elliott

Mr. John E. Elliott is Chief Executive Officer of the Company. Prior to joining Gencor, Mr. Elliott served as Vice President since November 2015. Prior to joining Gencor, Mr. Elliott was Managing Director of Spectrasyne Ltd., an environmental service and consulting company to the petroleum, chemical, and energy industry. Mr. Elliott had been an Officer of the Company from 1985 to 2006, serving as Executive Vice President and a member of the Company’s Board of Directors. Mr. Elliott holds a BA in Industrial Management and a JD. He brings significant management and operational experience from his service at Gencor Industries, Inc. and various senior management roles.

Eric Mellen

Mr. Eric E. Mellen is a Chief Financial Officer, Treasurer of Gencor Industries, Inc., Previously, Mr. Mellen was Director of Corporate Development for Gencor Industries, Inc. From 1992 to 2002, Mr. Mellen worked at PricewaterhouseCoopers where he was a key member of the corporate finance, global strategy, and investment teams. Mr. Mellen worked on the due diligence and integration teams for the Price Waterhouse and Coopers & Lybrand merger, as well as the sale of PricewaterhouseCoopers Consulting to IBM Corporation in 2002. He worked in corporate finance at IBM Corporation from 2002 to 2008. Mr. Mellen’s responsibilities included pricing and financial management, as well as managing the worldwide budget of IBM’s Business Consulting Division. Mr. Mellen’s business valuation and financial advisory experience from 2008 to 2011 includes valuation and strategic planning of numerous companies across a variety of manufacturing and service industries. Mr. Mellen holds a BS in Finance and Management and an MBA and brings over 25 years of financial management experience.

Dennis Hunt

Mr. Dennis Bryan Hunt is a Senior Vice President - Sales of Gencor Industries, Inc. Mr. Hunt, Prior to joining Gencor, Mr. Hunt served as Vice President of Asphalt and Ready Mix Operations for Vulcan Materials Company, Western Division. During his prior business career Mr. Hunt was a principal and officer with Industrial Asphalt. Mr. Hunt’s grandfather, Wallace E. Hunt Sr., founded Industrial Asphalt in 1941 and the Hunt family built Industrial Asphalt into one of the largest producers of hot mix asphalt in the United States. Mr. Hunt earned a BS degree from the University of San Francisco and an MBA from California State University Bakersfield. Mr. Hunt has 35 years of experience at all levels of the asphalt and construction industry. He is recognized as an expert in the industry and is regularly invited to speak at conferences and technical meetings. His unique experience allows him to understand all the inner works of the asphalt industry and gives valuable insight into Gencor’s customer’s business requirements. His industry experience, coupled with his educational background, allow him to contribute to a wide spectrum of Gencor’s processes and decisions.

Jeanne Lyons

Ms. Jeanne M. Lyons is a Secretary of Gencor Industries, Inc. she served as Administrative Assistant to the Chairman.

David Air

Mr. David A. Air is an Independent Director of Gencor Industries, Inc., Mr. Air also served as a Director of Dunlop Engineering in England from 1975 to November 1984 and as CEO of its Engineered Industrial Products Division. During this time he had responsibilities for plants internationally in the United States, South Africa and Australia. From 1985 to 1992 Mr. Air was CEO of Genco Beverley Ltd in the United Kingdom, retiring in 1992. Mr. Air’s long tenure in senior management positions with engineering companies has provided him with a broad knowledge of related skills in areas other than engineering such as production, technical, finance, compensation matters, and human relations.

James Sharp

Mr. James P. Sharp is a Independent Director of Gencor Industries, Inc., Mr. Sharp has 30 years of business and financial experience as a senior executive for public corporations. Most recently he was with CNH Global NV, last serving as President, Parts and Service. Prior to that, Mr. Sharp was with Ingersoll- Rand Company for 25 years, where he was President of various businesses with sales ranging from $300 million to $1.2 billion. Mr. Sharp began his career as an auditor with Price Waterhouse for four years. Mr. Sharp received a BA degree in Economics from Rutgers University and an MBA in accounting, also from Rutgers University. Mr. Sharp has served as a member of the Board of Directors of the Association of Equipment manufacturers (AEM) and the American Road and Transportation Builders Association (ARTBA). Mr. Sharp brings executive, financial, and operational experience to the Gencor Board and its Audit Committee. Mr. Sharp’s accounting education, audit experience with Price Waterhouse, and executive and financial business leadership experience allow him to bring to Gencor’s Board significant talents in assessing the Company’s financial results, and supervise the relationship with the Company’s independent auditors as Chairman of the Audit Committee. His experience in the Construction and Road Building industry helps provide the board with resources to evaluate and assess new products and businesses as Gencor implements its growth strategies.

Basic Compensation

Name Fiscal Year Total

E. Elliott

606,259

Marc Elliott

389,936

John Elliott

451,138

Eric Mellen

255,152

Dennis Hunt

271,571

Jeanne Lyons

--

David Air

--

James Sharp

--
As Of  29 Sep 2018

Options Compensation