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) February 8, 2011

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) 921-5000

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 February 8, 2011, GAMCO Investors, Inc. ("GAMCO") appointed Robert S. Zuccaro, age 54, as Executive Vice President.   Mr. Zuccaro will assume the position of Chief Financial Officer from Jeffrey M. Farber who will be leaving after the filing of GAMCO’s Form 10-K for year-ended 2010.

Mr. Zuccaro is currently the Chief Financial Officer of Commonwealth Management Partners, LLLP, a privately-held investment management company, a position he has held since March 2009.  Previously, Mr. Zuccaro was Executive Vice President and Chief Accounting Officer with National Financial Partners Corp. from 2003 through 2008. Mr. Zuccaro has also been a director of Teton Advisors, Inc., ICTC Group, Inc. and The LGL Group, Inc. since 2010.

Mr. Zuccaro was previously employed by GAMCO from 1998 to 2003.Prior to joining GAMCO, Mr. Zuccaro was the Vice President and Treasurer of Cybex International, where he worked for thirteen years.  Mr. Zuccaro was previously with Shearson Lehman Bros and began his career with Ernst & Young.  Mr. Zuccaro received a B.S. in Accounting from C.W. Post College and is a Certified Public Accountant.< /font>

Item 9.01     Financial Statements and Exhibits.

A copy of the press release is attached hereto as Exhibit 99.1.

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: February 11, 2011

Exhibit Index

Exhibit No.
99.1	GAMCO’s Press Release, dated February 8, 2011.

EX-99.1

Exhibit 99.1

One Corporate Center

Rye, NY 10580-1422

    GAMCO Investors, Inc.

Tel. (914) 921-5020

Fax (914) 921-5xxx

www.gabelli.com

For Immediate Release: Contact: Douglas R. Jamieson

President

(914) 921-5020

For further information please visit www.gabelli.com

GAMCO Appoints Robert S. Zuccaro as Executive Vice President and Chief Financial Officer

   Rye, New York, February 9, 2011 – GAMCO Investors, Inc. (NYSE: GBL) announced today that Robert S. Zuccaro, CPA, a senior executive with more than twenty-five years of experience in finance and accounting will re-join GAMCO as Chief Financial Officer.

        "We are pleased to have Bob Zuccaro rejoin us," Mario Gabelli, Chairman and C.E.O. of GAMCO, said.  "Bob was with us when we went public and we are fortunate to have Bob re-join us nearly 12 years to the day of our IPO.  In addition to his other responsibilities, Bob will work closely with David Goldman, who joined us on January 3, to pursue acquisitions in the investment field as well as potential lift-outs of portfolio management teams."

        Mr. Zuccaro is currently the Chief Financial Officer of Commonwealth Management Partners, LLLP, a privately-held investment management company.  Previously, Mr. Zuccaro was Executive Vice President and Chief Accounting Officer with National Financial Partners Corp.  Mr. Zuccaro is also a director of Teton Advisors, Inc. and a director of The LGL Group, Inc.  Prior to joining GAMCO in June 1998, Mr. Zuccaro was the Vice President and Treasurer of Cybex International, where he worked for thirteen years.  Mr. Zuccaro was previously with Shearson Lehman Bros and began his career with Ernst & Young.  Mr. Zuccaro received a B.S. in Accounting from C.W. Post College and is a Certified Public Accountant.

Mr. Zuccaro will assume the position of Chief Financial Officer from Jeffrey M. Farber who will be leaving after the completion of the Form 10-K filing.  Mr. Gabelli added, “All of us at GAMCO wish Jeff well on his new endeavors.”

GAMCO Investors, Inc. (NYSE:GBL), through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC), and partnerships and offshore funds (Investment Partnerships) and is known for its Private Market Value with a Catalyst™ style of investment. As of December 31, 2010, GAMCO Investors, Inc. had $32.5 billion in assets under management.