Andrew Wieland Joins Ruger After Lengthy-Time period Deliberate Transition of Current CFO Tom Dineen
Sturm, Ruger & Firm, Inc. (NYSE: RGR) is proud to announce the appointment of Andrew Wieland as Senior Vice President and Chief Monetary Officer, following the deliberate transition of Tom Dineen.
On this position, Mr. Wieland will lead all monetary operations, together with forecasting, company budgeting, monetary reporting and analysis of potential funding alternatives. This management place is central to the continued execution of Ruger’s long-term priorities and 2030 plan.
Mr. Wieland brings intensive expertise in monetary management, long-range monetary planning and manufacturing-focused finance from his tenure at Eaton Company, a publicly traded multi-national energy administration firm. He most just lately served as Vice President of Finance and Controller of Eaton Electrical Sector Americas: Assemblies and Residential Options Group.
All through his profession, he has led main forecasting and planning processes, together with monetary outlooks, annual revenue plans and long-term strategic plans throughout multi-site, complicated divisions. His work supported development by manufacturing capability growth, strengthening core monetary operations and enhanced operational decision-making. Mr. Wieland has additionally championed a number of finance transformation initiatives, modernizing planning programs, strengthening monetary controls and driving course of enhancements that elevated effectivity. He has persistently demonstrated a capability to align monetary technique with organizational wants in dynamic and fast-growing enterprise environments.
“Andrew’s expertise driving monetary self-discipline, strengthening manufacturing output and main strategic monetary planning makes him an distinctive match for Ruger’s future,” stated Todd Seyfert, President & CEO. “He brings the mixture of monetary readability, operational perception and management focus we want as we proceed to develop, innovate and ship worth to our workers, prospects and shareholders.”
This appointment displays Ruger’s continued funding in long-term monetary energy, agile responsiveness and operational excellence below Mr. Seyfert’s management. Mr. Wieland will play an vital position in strengthening Ruger’s monetary basis and supporting the Firm’s dedication to sustainable development.
Ruger would additionally like to increase its honest gratitude to Tom Dineen for his a few years of devoted management and monetary stewardship. This deliberate transition follows an extended and significant profession with the Firm, starting in 1997 and together with his service as Chief Monetary Officer since 2003 and as Vice President, CFO and Treasurer since 2006.
“Tom’s contributions have been instrumental in strengthening the Firm’s monetary basis, establishing our disciplined strategy to capital allocation and supporting Ruger’s development,” stated Todd Seyfert. “We’re grateful for his management over the past three many years and need him the perfect in his subsequent chapter.”
Mr. Dineen will step down from his position on March 31, 2026, and can stay with the Firm till April 30, 2026. The Firm thanks Mr. Dineen for his service and stays targeted on making certain a seamless transition and continued monetary energy.
About Sturm, Ruger & Co., Inc.
Sturm, Ruger & Co., Inc. is among the nation’s main producers of rugged, dependable firearms for the industrial sporting market. With merchandise made in America, Ruger provides customers virtually 800 variations of greater than 40 product strains, throughout the Ruger, Marlin and Glenfield manufacturers. For over 75 years, Sturm, Ruger & Co., Inc. has been a mannequin of company and group accountability. Our motto, “Arms Makers for Accountable Residents®,” echoes our dedication to those ideas as we work onerous to ship high quality and modern firearms.
Ahead-Trying Statements
The Firm could, occasionally, make forward-looking statements and projections regarding future expectations. Such statements are primarily based on present expectations and are topic to sure qualifying dangers and uncertainties, equivalent to market demand, gross sales ranges of firearms, anticipated castings gross sales and earnings, the necessity for exterior financing for operations or capital expenditures, the outcomes of pending litigation in opposition to the Firm, the impression of future firearms management and environmental laws, and accounting estimates, any a number of of which might trigger precise outcomes to vary materially from these projected. Readers are cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date made. The Firm undertakes no obligation to publish revised forward-looking statements to replicate occasions or circumstances after the date such forward-looking statements are made or to replicate the incidence of subsequent unanticipated occasions.
