Gorman-Rupp Reports Third Quarter 2021 Financial Results and Announces Promotion of Scott A. King to CEO

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Go back to Gorman-Rupp Reports Third Quarter 2021 Financial Results and Announces Promotion of Scott A. King to CEO

Gorman-Rupp (GRC) Reports Q3 EPS of $0.34, Announces Promotion of Scott A. King to CEO

October 29, 2021 6:24 AM EDT

Gorman-Rupp (NYSE: GRC) reported Q3 EPS of $0.34, versus $0.28 reported last year. Revenue for the quarter came in at $102 million, versus $89 million reported last year.

CEO Transition

Effective January 1, 2022, the role of Chief Executive Officer will transition from Jeffrey S. Gorman to Scott A. King, who is currently the Companys President and Chief Operating Officer. Mr. Gorman, age 69, has served... More