How Elliott was paid
$959,319 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Other | Total |
|---|---|---|---|
| Marc ElliottPresident (Principal Executive Officer) | $950,000 | $9,319 | $959,319 |
| Eric MellenChief Financial Officer & Treasurer | $350,000 | $8,070 | $358,070 |
| EJ ElliottExecutive Chairman | $600,000 | $7,000 | $607,000 |
| Dennis HuntSVP Sales and Marketing | $500,000 | $8,220 | $508,220 |
What changed and why
- $959K$959,319 was Marc Elliott’s total compensation in 2024, unchanged from 2023.
- $500K$500,000 was Dennis Hunt’s 2024 salary, up from $447,500 in 2023.
- $350K$350,000 was Eric Mellen’s 2024 salary, up from $325,000 in 2023.
- No named executive officer received stock or option awards in 2024.
- No outstanding equity awards existed as of September 30, 2024.
- TSR and net income were not used as compensation performance metrics.
Other Gencor Industries proxy statements
- 2026 proxy statement
Marc Elliott paid $957,849 (flat on the year).
Filed Jan 28, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.