William B. Ruger, Jr. Steps Down

Successor to be named within next few months

SOUTHPORT, CT -- February 14, 2006 -- Sturm, Ruger & Company, Inc. (NYSE:RGR) announces the retirement of Chairman of the Board and Chief Executive Officer William B. Ruger, Jr., effective February 28, 2006. He has also resigned as Chairman of the Board and Board Member of the Sturm, Ruger Board of Directors, effective February 13, 2006. It is anticipated that his successor will be elected and named by the Board of Directors within the next few months. Vice Chairman of the Board, President, and Chief Operating Officer Stephen L. Sanetti will assume Mr. Ruger's duties on an interim basis.

"Bill Ruger Jr. has been a key member of management since he joined the Company 42 years ago," said Sturm, Ruger President Stephen L. Sanetti. "He has been Director of Manufacturing Operations of our Southport, CT facility, a Vice President of the Company, and has served with distinction as the Company's President for many years. He has occupied his current position since the retirement of the Company's co-founder William B. Ruger, Sr. on October 24, 2000. He is a brilliant and sagacious individual whose singular presence we will miss, and we sincerely wish him a well-earned and personally satisfying retirement," Sanetti concluded.


Sturm, Ruger is the nation's leading manufacturer of high-quality firearms for recreation and law enforcement, and a major producer of precision steel and titanium investment castings. Sturm, Ruger is headquartered in Southport, CT, with plants and foundries located in Newport, NH and Prescott, AZ.



Recommended for You

Browning's new X-Bolt Max Long Range rifle is an accurate rifle tailored for long range accuracy. Bolt-Action

Browning's New X-Bolt Max Long Range Rifle

Rifle Shooter Digital Staff - April 11, 2019

Browning's new X-Bolt Max Long Range rifle is an accurate rifle tailored for long range...

The Marlin Model 1895-.444 Marlin is a handy, powerful rifle capable of taking down elk, moose, hogs, black bear and deer. Lever-Action

Marlin Model 1895-.444 Marlin

J. Scott Rupp

The Marlin Model 1895-.444 Marlin is a handy, powerful rifle capable of taking down elk,...

Big game hunters in search of an accurate, long-range rifle need look no further than Browning and the new X-Bolt Hell's Canyon Speed Long Range McMillan. Bolt-Action

New Browning X-Bolt Hell's Canyon Long Range McMillan Rifles

RifleShooter Online Staff - November 07, 2018

Big game hunters in search of an accurate, long-range rifle need look no further than Browning...

See More Recommendations

Popular Videos

RS Sako Finnlight II

RS Sako Finnlight II

The new Sako Finnlight II sports an innovative stock and Cerakote metal paired with the terrific 85 action.

All About .300 Blackout

All About .300 Blackout

The .300 Blackout is here to stay, and we take some time to look at new technology surrounding this cartridge. Next, we pit subsonic rivals against each other before stretching the legs of this CQB round out to 600 yards from a short 9-inch barrel.

Delta 5 - Daniel Defense

Delta 5 - Daniel Defense's New Precision Bolt Action Rifle

Those looking to explore precision rifle shooting without going broke will be well served by Daniel Defense's new Delta 5.

See more Popular Videos

Trending Stories

Rifle Shooter editor Scott Rupp provides a comprehensive list of ideal Father's Day gifts. Accessories

Rifle Shooter Father's Day 2019 Gift Guide

J. Scott Rupp - May 07, 2019

Rifle Shooter editor Scott Rupp provides a comprehensive list of ideal Father's Day gifts.

Smith & Wesson's M&P15 SPORT II OR rifle with Crimson Trace CTS-103 optic will be on display at the Smith & Wesson Booth at the 2019 NRA Show. MSR

M&P15 SPORT II Rifle Available with CTS-103 Optic

Rifle Shooter Digital Staff - April 23, 2019

Smith & Wesson's M&P15 SPORT II OR rifle with Crimson Trace CTS-103 optic will be on display...

Wilson Combat's new Ultralight Hunter in .300 Ham'r puts the sport back in modern sporting rifles. MSR

Review: Wilson Combat Ultralight Hunter

Brad Fitzpatrick - March 18, 2019

Wilson Combat's new Ultralight Hunter in .300 Ham'r puts the sport back in modern sporting...

See More Stories

GET THE MAGAZINE Subscribe & Save

Temporary Price Reduction.

SUBSCRIBE NOW

Give a Gift   |   Subscriber Services

PREVIEW THIS MONTH'S ISSUE

GET THE NEWSLETTER Join the List and Never Miss a Thing.

×