Gabelli Funds Names Scott Donnelly, Robert Kotick, Greg Maffei and Tony Najjar to Management Hall of Fame

Rhea-AI Summary

Gabelli Funds announced the 2024 inductees to the GAMCO Management Hall of Fame during its thirty-ninth annual client conference on May 10 at the Pierre Hotel in New York. The new inductees include Scott C. Donnelly from Textron, Robert A. Kotick from Activision Blizzard, Gregory V. Maffei from Liberty Media, and Tony Najjar from CIRCOR International. Gabelli Funds established this Hall of Fame in 1990 to honor corporate executives for their contributions to enhancing shareholder value. The selection process is based on rigorous criteria focusing on long-term shareholder wealth creation and capital accumulation. This year marks the inclusion of 126 inductees into the Hall of Fame.

Positive

• Gabelli Funds' recognition of industry leaders, which may increase investor confidence.
• Rigorous selection criteria for the Hall of Fame, focusing on long-term shareholder wealth creation.
• The Hall of Fame supports Gabelli Funds' value investing principles, rooted in fundamental research.

Negative

• Lack of immediate financial data or performance metrics in the announcement.
• No direct impact on stock price or company operations mentioned.

GREENWICH, Conn.--(BUSINESS WIRE)-- Gabelli Funds introduced the 2024 inductees to the GAMCO Management Hall of Fame at its thirty-ninth annual client conference which was held on Friday, May 10 at the Pierre Hotel in New York. The inductees to the Hall of Fame are Scott C. Donnelly of Textron Inc., Robert A. Kotick of Activision Blizzard, Gregory V. Maffei of Liberty Media Corporation and Tony Najjar of CIRCOR International.

In 1990, Gabelli Funds established the GAMCO Management Hall of Fame to honor corporate executives for their outstanding contributions in enhancing shareholder value. With this year’s inductees, there are 126 inductees in our management hall of fame. The selection process starts with the firm’s research on the company. Each inductee has passed rigorous criteria, including:

• creating shareholder wealth
• earning a superior rate of return over the long term
• practicing the virtues of capital accumulation
• enhancing our clients’ investment success

This Hall of Fame follows the philosophical underpinnings of Gabelli Funds’ fundamental research, as presented in Security Analysis (1934) by Benjamin Graham and David Dodd. It is the investment bible, the key to unlocking values in the stock market. In Security Analysis, Graham and Dodd presented principles and techniques to measure asset value and cash flows in a methodology to evaluate individual companies. They created the profession of security analysis using an investment process that is known today as value investing.

GAMCO Investors, Inc. (OTCQX: GAMI), through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC) and is known for its Private Market Value with a Catalyst™ style of investment.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514508218/en/

Douglas R. Jamieson President & Chief Operating Officer

(914) 921-5020

For further information please visit

www.gabelli.com

Source: Gabelli Funds

FAQ

Who were the 2024 inductees to the GAMCO Management Hall of Fame?

Scott Donnelly from Textron, Robert Kotick from Activision Blizzard, Gregory Maffei from Liberty Media, and Tony Najjar from CIRCOR International.

What is the significance of the GAMCO Management Hall of Fame?

It honors corporate executives for their outstanding contributions to enhancing shareholder value.

When and where was Gabelli Funds' thirty-ninth annual client conference held?

The conference was held on May 10 at the Pierre Hotel in New York.

What are the criteria for induction into the GAMCO Management Hall of Fame?

Criteria include creating shareholder wealth, earning a superior rate of return over the long term, and practicing capital accumulation.

How many inductees are currently in the GAMCO Management Hall of Fame?

There are 126 inductees as of 2024.