8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 6, 2007

GAMCO INVESTORS, INC.

(Exact name of registrant as specified in its charter)

New York	1-14761	13-4007862
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
One Corporate Center, Rye, NY		10580
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code     (914) 921-3700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 6, 2007, Karl Otto Pohl, a director of GAMCO Investors, Inc. (“GAMCO”) since 1998, announced that he would be retiring from the Board of Directors effective December 31, 2007.  The Board of Directors, on November 6, 2007, appointed Mr. Pohl to serve as Director Emeritus, an advisory position, following his retirement from the Board.

On November 7, 2007, GAMCO issued a press release announcing Mr. Pohl’s appointment as Director Emeritus.  A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

Exhibits

99.1  GAMCO’s Press Release, dated November 7, 2007.

Exhibit Index

Exhibit No.                                Description

99.1                                GAMCO’s Press Release, dated November 7, 2007

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GAMCO Investors, Inc.
By:	/s/ Douglas R. Jamieson
	Douglas R. Jamieson President and Chief Operating Officer

Date:  November 7, 2007

EX-99.1 CHARTER

Exhibit 99.1

[Missing Graphic Reference]

One Corporate Center

GAMCO Investors, Inc.

Rye, NY 10580-1422

Tel. (914) 921-5000

Fax (914) 921-5060

www.gabelli.com

For Immediate Release                                                        

Contact:  Douglas Jamieson

President, Chief Operating Officer

(914) 921-5020

For further information please visit

www.gabelli.com

Karl Otto Pohl Named Director Emeritus Of GAMCO Investors, Inc.

Rye, New York, November 7, 2007 – GAMCO Investors, Inc. (NYSE: GBL) is privileged to announce that Karl Otto Pohl will now serve as Director Emeritus of the GAMCO board of directors in addition to his title of Director Emeritus at Gabelli Funds LLC, the mutual funds division of GAMCO.

            One of the economic architects of modern Europe, Karl Otto Pohl served as president of the German Bundesbank for over a decade from 1980 to 1991. He is one of the pre-eminent central bankers of our time. Originally appointed by Chancellor Willy Brandt after a distinguished career at the Ministry of Economics, he also was a board member for the Bank for International Settlements, the German Governor for the International Monetary Fund and Chairman of the EEC Central Bank of Governors in the early 1990's. In 1997, Mr. Pohl was named as a recipient of the German financial monthly magazine, Manager Magazine's Hall of Fame award.

            Commenting on Pohl's appointment, Mario Gabelli, Chairman, Chief Executive Officer and Chief Investment Officer-Value Portfolios of GAMCO Investors, said, "Karl Otto has been a highly valued member of GAMCO’s board for almost 10 years. His thoughts on the global economy, worldwide monetary policy and geopolitical issues have been highly educational and extremely helpful for our organization. We respect his counsel and welcome his ongoing commitment to our board of directors, as well as the boards of our mutual funds."

            Karl Otto Pohl joined the board of GAMCO Investors, Inc. in 1998, prior to its initial public offering.

             GAMCO Investors, Inc., through its subsidiaries, manages private advisory accounts (GAMCO Asset Management Inc.), mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds (Gabelli Securities, Inc.). As of September 30, 2007, GAMCO had approximately $31.6 billion in assets under management.

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