George Risk Industries Inc. announced the death of Kenneth R. Risk. Ken passed away February 27, 2013 after a brief battle with pancreatic cancer. Upon the death of his father George Risk in 1989, Ken assumed the duties of President and CEO of the company amid a hostile takeover.

On March 5, 2013, the company's Board of Directors elected Stephanie Risk-McElroy, already a member of the Board of Directors and the Chief Financial Officer, to serve as President and Chairman of the Board. Stephanie will continue to serve as Chief Financial Officer. In addition Bonnie Risk, Ken Risk's wife, was elected to the Board of Directors.