
Management ChangeJul 24, 2026, 09:51 AM
Gorman-Rupp Announces CFO Retirement and Successor
AI Summary
The Gorman-Rupp Company announced that James C. Kerr, Executive Vice President and Chief Financial Officer, will retire. Ronald F. Stoops, currently Vice President of Finance, will succeed Mr. Kerr as CFO, effective October 1, 2026. Mr. Kerr will assist with the transition and continue as a senior advisor. Mr. Stoops has held various financial roles since joining the company in 2020.
Key Highlights
- James C. Kerr, EVP and CFO, announced his decision to retire from the company.
- Ronald F. Stoops, current Vice President of Finance, will succeed Mr. Kerr as CFO.
- The succession is effective October 1, 2026.
- Mr. Kerr will assist with the transition and serve as a senior advisor until his retirement.
- Mr. Kerr joined Gorman-Rupp in 2016 and served as CFO since 2017.
- Mr. Stoops, age 41, joined Gorman-Rupp in 2020 and has been VP of Finance since January 2025.
Price Impact
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