Sturm, Ruger & Firm, Inc. (NYSE: RGR) is happy to announce the appointment of Todd W. Seyfert as its subsequent President and Chief Govt Officer, efficient March 1, 2025. Mr. Seyfert brings to Ruger a distinguished observe document of driving company development, profitability, and operational excellence throughout a number of manufacturing enterprises.
John A. Cosentino, Jr., Chairman of the Board of Administrators, famous, “Todd is an completed government with intensive expertise within the outside journey and capturing sports activities industries, and properly acknowledged for his management, strategic imaginative and prescient, and operational experience. He will probably be instrumental in additional strengthening Ruger’s market place and delivering long-term worth to shareholders, staff, and clients alike. The Board of Administrators is assured that Todd’s appointment has positioned Ruger for sustained development, profitability and innovation within the years to return.”
Just lately serving because the Chief Govt Officer of FeraDyne Outside, LLC, a number one producer of premium archery and looking merchandise, Seyfert had been answerable for driving the corporate’s development and innovation. Beneath his management, FeraDyne solidified its place as a market chief by way of product improvement, operational enhancements, and strategic acquisitions. His capability to align enterprise methods with buyer wants resulted in important market growth and elevated profitability throughout his tenure.
Earlier than becoming a member of FeraDyne, Seyfert held key management roles in a number of different manufacturing and shopper items firms, the place he honed his abilities in operational excellence, staff improvement, and monetary administration. His intensive trade background consists of well-known firms akin to ATK/Vista Outside, Magnum Analysis, Bushnell, Michaels of Oregon, and Birchwood Laboratories. He’s identified for his dedication to constructing high-performing groups and fostering a tradition of accountability and innovation.
All through his profession, Seyfert has demonstrated a robust capability to navigate complicated challenges and ship measurable outcomes. His management type emphasizes collaboration, adaptability, and a relentless deal with reaching organizational targets.
“I’m honored to hitch Ruger and am keen to construct upon the sturdy basis established by Chris Killoy, the chief staff and the 1,800 Ruger staff,” stated Seyfert. “I look ahead to main Ruger into its subsequent part of development whereas sustaining our dedication to the Firm’s core values of integrity, respect, innovation, and teamwork.”
Mr. Cosentino expressed the Firm’s deepest gratitude to Chris Killoy for his distinctive management and dedication over the previous 20 years, “Chris efficiently guided the Firm by way of transformative milestones, together with the pivotal acquisition of Marlin Firearms that expanded our capabilities and market presence, in addition to expertly steering the group by way of the unprecedented challenges of the COVID-19 pandemic. Throughout his tenure, we launched quite a few modern and commercially profitable new merchandise, together with the just lately launched RXM pistol.”
Killoy joined Ruger in 2003, was named Vice President of Gross sales and Advertising and marketing in 2006, turned President and Chief Working Officer in 2014, and assumed the function of Chief Govt Officer in 2017. Beneath his management, Ruger has solidified its place as one of many main firearms producers in america, famend for its innovation, high quality, and buyer focus.
Previous to his tenure at Ruger, Killoy held key management roles at Smith & Wesson Corp. and Savage Vary Techniques, the place he honed his experience in gross sales, product improvement, and operational administration. His deep product and trade information, coupled with a dedication to excellence, has made him a extremely revered determine within the firearms sector.
Cosentino continued, “All through his profession, Chris has emphasised the significance of latest product improvement, manufacturing excellence, and taking good care of Ruger staff. His capability to navigate complicated challenges whereas delivering worth to stakeholders has been a trademark of his management.”
Killoy will function a Particular Advisor to Seyfert and the Board of Administrators by way of his deliberate retirement from the Firm in Might 2025 and can stay on the Ruger Board.
Mr. Killoy commented on his tenure at Ruger, “It has been an honor to guide Ruger and work alongside such a rare staff. I’m assured in Todd’s capability to drive the Firm’s continued success and am excited to see what the long run holds for Ruger. Whereas transitioning is at all times bittersweet, I’m thrilled to proceed contributing to the Firm’s success as a member of the Board of Administrators. This can enable me to stay intently linked to Ruger and assist Todd and the management staff as they information the Firm into its subsequent chapter of development and innovation.”
About Ruger FirearmsSturm, Ruger & Co., Inc. is without doubt one of the nation’s main producers of rugged, dependable firearms for the business sporting market. With merchandise made in America, Ruger affords shoppers nearly 800 variations of greater than 40 product strains, throughout each the Ruger and Marlin manufacturers. For over 75 years, Ruger has been a mannequin of company and group duty. 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 StatementsThe Firm could, every so often, 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, akin 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 influence 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 communicate solely as of the date made. The Firm undertakes no obligation to publish revised forward-looking statements to mirror occasions or circumstances after the date such forward-looking statements are made or to mirror the prevalence of subsequent unanticipated occasions.
