StockWatch
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Construction/Ag Equipment/Trucks
Management ChangeJun 4, 2026, 04:12 PM

Gencor Industries Appoints Raymond Cole as Interim CFO

AI Summary

Gencor Industries, Inc. announced the appointment of Mr. Raymond Cole as its Interim Chief Financial Officer, effective June 1, 2026. Mr. Cole brings extensive financial and leadership experience, having previously served as CFO of ECD Auto Design where he oversaw financial restructuring, a de-SPAC transaction, capital raises, and acquisitions. His career also includes roles as CEO at LuckyJack, LLC, COO/CFO at Empowered Media, LLC, and M&A experience at Salomon Smith Barney and JPMorgan Chase.

Key Highlights

  • Gencor Industries appointed Mr. Raymond Cole as Interim Chief Financial Officer.
  • Mr. Cole's appointment is effective June 1, 2026.
  • He previously served as CFO of ECD Auto Design from May 2023 to October 2024.
  • Mr. Cole led financial restructuring, a de-SPAC transaction, capital raises, and two acquisitions at ECD Auto Design.
  • His compensation is $32,500 per month under an at-will consulting agreement.
  • Mr. Cole holds an MBA from Zicklin School of Business and a BA from Fordham University.