Research Reports

Key takeaways

Gerald S. Blaskie, 68, retired as Chief Financial Officer, Treasurer, and Assistant Secretary on April 1, 2026.

Retirement planned since September 29, 2025 announcement to ensure smooth successor transition.

Joined SCI in April 2001 as CFO; elected VP, Treasurer, and Assistant Secretary in March 2006.

Oversaw significant revenue growth, 8 years of consistent profitability, and debt-free status.

As of Dec 31, 2025: $7.9M cash/cash equivalents, ~$3.4M marketable securities; all debt repaid in 2024.

Full analysis

Gerald S. Blaskie’s retirement as CFO marks the end of a 25-year tenure during which SCI Engineered Materials achieved significant revenue growth and eight years of consistent profitability. He played a key role in strengthening the balance sheet, including repaying all debt in 2024, building cash reserves to $7.9 million and marketable securities to $3.4 million as of year-end 2025, and launching a cash management program. The Company remains debt-free and is investing in new manufacturing equipment for growth. The prior announcement on September 29, 2025, allowed for a smooth transition, minimizing disruption to finance operations, human resources support, and board oversight.

SCIA · SCI Engineered Materials, Inc.

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