GAMCO’s Chairman Elects to Waive Compensation from March 1, 2025 to May 31, 2025 - To Accelerate ETF and CIT Development

GREENWICH, Conn., Feb. 05, 2025 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) announced today that its Chairman and co-CEO, Mr. Mario J. Gabelli, has elected to waive all of his Portfolio and Relationship compensation that he would otherwise have been entitled to for the period from March 1, 2025 to May 31, 2025. This will provide cushion for investment strategy development.