Sturm, Ruger & Company, Inc. (NYSE: RGR) is pleased to
announce the appointment of Todd W. Seyfert as its next President
and Chief Executive Officer, effective March 1, 2025. Mr. Seyfert
brings to Ruger a distinguished track record of driving corporate
growth, profitability, and operational excellence across multiple
manufacturing enterprises.
John A. Cosentino, Jr., Chairman of the Board of Directors,
noted, “Todd is an accomplished executive with extensive experience
in the outdoor adventure and shooting sports industries, and well
recognized for his leadership, strategic vision, and operational
expertise. He will be instrumental in further strengthening Ruger’s
market position and delivering long-term value to shareholders,
employees, and customers alike. The Board of Directors is confident
that Todd’s appointment has positioned Ruger for sustained growth,
profitability and innovation in the years to come.”
Recently serving as the Chief Executive Officer of FeraDyne
Outdoors, LLC, a leading manufacturer of premium archery and
hunting products, Seyfert had been responsible for driving the
company’s growth and innovation. Under his leadership, FeraDyne
solidified its position as a market leader through product
development, operational improvements, and strategic acquisitions.
His ability to align business strategies with customer needs
resulted in significant market expansion and increased
profitability during his tenure.
Before joining FeraDyne, Seyfert held key leadership roles in
several other manufacturing and consumer goods companies, where he
honed his skills in operational excellence, team development, and
financial management. His extensive industry background includes
well-known companies such as ATK/Vista Outdoors, Magnum Research,
Bushnell, Michaels of Oregon, and Birchwood Laboratories. He is
known for his commitment to building high-performing teams and
fostering a culture of accountability and innovation.
Throughout his career, Seyfert has demonstrated a strong ability
to navigate complex challenges and deliver measurable results. His
leadership style emphasizes collaboration, adaptability, and a
relentless focus on achieving organizational goals.
“I am honored to join Ruger and am eager to build upon the
strong foundation established by Chris Killoy, the executive team
and the 1,800 Ruger employees,” said Seyfert. “I look forward to
leading Ruger into its next phase of growth while maintaining our
commitment to the Company’s core values of integrity, respect,
innovation, and teamwork.”
Mr. Cosentino expressed the Company’s deepest gratitude to Chris
Killoy for his exceptional leadership and dedication over the past
20 years, “Chris successfully guided the Company through
transformative milestones, including the pivotal acquisition of
Marlin Firearms that expanded our capabilities and market presence,
as well as expertly steering the organization through the
unprecedented challenges of the COVID-19 pandemic. During his
tenure, we introduced numerous innovative and commercially
successful new products, including the recently launched RXM
pistol.”
Killoy joined Ruger in 2003, was named Vice President of Sales
and Marketing in 2006, became President and Chief Operating Officer
in 2014, and assumed the role of Chief Executive Officer in 2017.
Under his leadership, Ruger has solidified its position as one of
the leading firearms manufacturers in the United States, renowned
for its innovation, quality, and customer focus.
Prior to his tenure at Ruger, Killoy held key leadership roles
at Smith & Wesson Corp. and Savage Range Systems, where he
honed his expertise in sales, product development, and operational
management. His deep product and industry knowledge, coupled with a
commitment to excellence, has made him a highly respected figure in
the firearms sector.
Cosentino continued, “Throughout his career, Chris has
emphasized the importance of new product development, manufacturing
excellence, and taking care of Ruger employees. His ability to
navigate complex challenges while delivering value to stakeholders
has been a hallmark of his leadership.”
Killoy will serve as a Special Advisor to Seyfert and the Board
of Directors through his planned retirement from the Company in May
2025 and will remain on the Ruger Board.
Mr. Killoy commented on his tenure at Ruger, “It has been an
honor to lead Ruger and work alongside such an extraordinary team.
I am confident in Todd’s ability to drive the Company’s continued
success and am excited to see what the future holds for Ruger.
While transitioning is always bittersweet, I am thrilled to
continue contributing to the Company’s success as a member of the
Board of Directors. This will allow me to remain closely connected
to Ruger and support Todd and the leadership team as they guide the
Company into its next chapter of growth and innovation.”
About Ruger Firearms
Sturm, Ruger & Co., Inc. is one of the nation's leading
manufacturers of rugged, reliable firearms for the commercial
sporting market. With products made in America, Ruger offers
consumers almost 800 variations of more than 40 product lines,
across both the Ruger and Marlin brands. For over 75 years, Ruger
has been a model of corporate and community responsibility. Our
motto, “Arms Makers for Responsible Citizens®,” echoes our
commitment to these principles as we work hard to deliver quality
and innovative firearms.
Forward-Looking
Statements
The Company may, from time to time, make forward-looking
statements and projections concerning future expectations. Such
statements are based on current expectations and are subject to
certain qualifying risks and uncertainties, such as market demand,
sales levels of firearms, anticipated castings sales and earnings,
the need for external financing for operations or capital
expenditures, the results of pending litigation against the
Company, the impact of future firearms control and environmental
legislation, and accounting estimates, any one or more of which
could cause actual results to differ materially from those
projected. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
made. The Company undertakes no obligation to publish revised
forward-looking statements to reflect events or circumstances after
the date such forward-looking statements are made or to reflect the
occurrence of subsequent unanticipated events.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250117062821/en/
For further information, contact: Rob Werkmeister, Vice
President of Marketing rwerkmeister@ruger.com
Grafico Azioni Sturm Ruger (NYSE:RGR)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Sturm Ruger (NYSE:RGR)
Storico
Da Gen 2024 a Gen 2025
