Gerald S. Blaskie Retires Following 25-Year Career with SCI Engineered Materials, Inc.

Q: What were SCI Engineered Materials' cash and marketable securities balances at Dec 31, 2025 (SCIA)?

SCI held $7.9 million in cash and cash equivalents and $3.4 million in marketable securities as of Dec 31, 2025. According to the company, these balances reflect improved financial performance and cash management actions.

Q: Is SCI Engineered Materials debt free and when was outstanding debt repaid (SCIA)?

Yes, SCI reports all outstanding debt was repaid in 2024 , and the company remains debt free. According to the company, debt repayment was part of actions to strengthen the balance sheet.

Q: How long was Gerald Blaskie CFO at SCI Engineered Materials and what roles did he hold (SCIA)?

Gerald Blaskie served as CFO since April 2001 and was elected Vice President, Treasurer and Assistant Secretary in March 2006 . According to the company, he led finance and human resources initiatives over 25 years.

Q: Did SCI Engineered Materials report profitability under Gerald Blaskie's tenure (SCIA)?

SCI has been consistently profitable for eight years , the company reports. According to the company, improved performance enabled increased cash and a cash management program to deploy assets.

Rhea-AI Impact

(High)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

SCI Engineered Materials (OTCQB:SCIA) announced that Gerald S. Blaskie retired as Chief Financial Officer, Treasurer and Assistant Secretary effective April 1, 2026 after a 25-year tenure.

According to the company, SCI has been profitable for eight consecutive years, held $7.9 million cash and $3.4 million in marketable securities as of Dec 31, 2025, repaid all debt in 2024, and is investing in new manufacturing equipment.

Positive

25-year CFO tenure through April 1, 2026
Consistently profitable for 8 years
Cash of $7.9 million as of Dec 31, 2025
Marketable securities of $3.4 million as of Dec 31, 2025
All outstanding debt repaid in 2024; company is debt free
Ongoing investment in new manufacturing equipment

Negative

Chief Financial Officer retired on April 1, 2026, creating a leadership transition

AI-generated analysis. How Rhea-AI works. Not financial advice.

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04/01/2026 - 08:30 AM

COLUMBUS, OH / ACCESS Newswire / April 1, 2026 / SCI Engineered Materials, Inc. (the "Company" or "SCI") (OTCQB:SCIA) reported that Gerald S. Blaskie, 68, Chief Financial Officer, Treasurer and Assistant Secretary, retired on April 1, 2026. His plans were previously announced on September 29, 2025, to provide a smooth transition period for his successor.

Mr. Blaskie joined the Company as Chief Financial Officer in April 2001. He was subsequently elected Vice President, Treasurer and Assistant Secretary in March 2006. During his tenure, Mr. Blaskie was active in multiple aspects of the Company's operations including human resources and built a finance team that provides support to the Board of Directors, senior management, and all employees.

Revenue grew significantly during Mr. Blaskie's 25 years with SCI, and the Company has been consistently profitable for the past eight years. During that period, several actions were implemented to strengthen the Company's balance sheet. SCI's improved financial performance contributed to increased cash. As a result, Mr. Blaskie initiated a cash management program to effectively deploy those assets. As of December 31, 2025, the Company had $7.9 million in cash and cash equivalents plus approximately $3.4 million of investments in marketable securities. Additionally, all outstanding debt was repaid in 2024, and the Company continues to be debt free while also investing in new manufacturing equipment to position SCI for continued growth.

Prior to joining SCI, Mr. Blaskie was the Controller at Cable Link, Inc. from February 2000 to March 2001. From 1997 to 2000, he was the Plant Manager at Central Ohio Plastics Corporation, where he also served as Controller from 1993 to 1997.

Mr. Blaskie earned a B.S. degree in Accounting from Central Michigan University and passed the CPA exam in the State of Ohio.

About SCI Engineered Materials, Inc.

SCI Engineered Materials is a global supplier and manufacturer of advanced materials for PVD thin film applications and works closely with end users and OEMs to develop innovative, customized solutions. Additional information is available at www.sciengineeredmaterials.com or follow SCI Engineered Materials, Inc. at:

https://www.linkedin.com/company/sci-engineered-materials.-inc

https://www.facebook.com/sciengineeredmaterials/

https://x.com/SciMaterials

Contact:

Robert Lentz
(614) 439-6006

SOURCE: SCI Engineered Materials, Inc.

View the original press release on ACCESS Newswire

FAQ

Who retired as SCI Engineered Materials CFO and when did the retirement take effect (SCIA)?

Gerald S. Blaskie retired as CFO, Treasurer and Assistant Secretary effective April 1, 2026. According to the company, his departure follows a planned transition announced on Sept 29, 2025 to allow a smooth handover.

What were SCI Engineered Materials' cash and marketable securities balances at Dec 31, 2025 (SCIA)?

SCI held $7.9 million in cash and cash equivalents and $3.4 million in marketable securities as of Dec 31, 2025. According to the company, these balances reflect improved financial performance and cash management actions.

Is SCI Engineered Materials debt free and when was outstanding debt repaid (SCIA)?

Yes, SCI reports all outstanding debt was repaid in 2024, and the company remains debt free. According to the company, debt repayment was part of actions to strengthen the balance sheet.

How long was Gerald Blaskie CFO at SCI Engineered Materials and what roles did he hold (SCIA)?

Gerald Blaskie served as CFO since April 2001 and was elected Vice President, Treasurer and Assistant Secretary in March 2006. According to the company, he led finance and human resources initiatives over 25 years.

Did SCI Engineered Materials report profitability under Gerald Blaskie's tenure (SCIA)?

SCI has been consistently profitable for eight years, the company reports. According to the company, improved performance enabled increased cash and a cash management program to deploy assets.

Will SCI Engineered Materials invest in operations after the CFO retirement (SCIA)?

Yes, SCI is investing in new manufacturing equipment to position for growth, the company says. According to the company, capital investments continue while it remains debt free and maintains cash reserves.