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.


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

Recommended Articles

See More Recommendations

Popular Videos

Performance Center M&P Shield M2.0

Performance Center M&P Shield M2.0

From Smith & Wesson, the M&P Shield M2.0 is a great option for a carry gun with optics option.

Dealing with Subcompacts

Dealing with Subcompacts

Jim and Rich cover the benefits and the challenges presented by very small pistols.

Teaching New Shooters

Teaching New Shooters

Julie Golob of Team Smith & Wesson guest stars, joining Jim and Scott for a discussion of how best to introduce new shooters to the sport.

The New Speer Gold Dot G2 Duty Handgun Load

The New Speer Gold Dot G2 Duty Handgun Load

Speer's Jared Hinton shows OSG's Lynn Burkhead the new Speer Gold Dot G2 Duty Handgun load.

See More Popular Videos

Trending Articles

In 1858 Beals invented and patented a spur-trigger, single-action, percussion revolver. The unique Revolvers

Remington Timeline: 1858 - Beals Revolver

Handguns Online Staff - September 09, 2016

In 1858 Beals invented and patented a spur-trigger, single-action, percussion revolver. The...

Kahr Arms officially broke ground on their new headquarters in Blooming Grove Township, in Pike Industry

Kahr Arms Breaks Ground on New Pennsylvania HQ

Handguns Online Staff - June 04, 2014

Kahr Arms officially broke ground on their new headquarters in Blooming Grove Township, in Pike

As you will learn in this detailed review, the Smith & Wesson M&P Shield EZ 380 (manufacturer SKU # 180023) is an easy-racking, soft-shooting pistol. Compact

Smith & Wesson M&P Shield EZ 380 Review

James Tarr - November 06, 2018

As you will learn in this detailed review, the Smith & Wesson M&P Shield EZ 380 (manufacturer...

Do you remember the first time you fired a gun? If you're like most, you were somewhat Training

Pro Tips For Controlling Recoil

Richard Nance - April 11, 2017

Do you remember the first time you fired a gun? If you're like most, you were somewhat

See More Trending Articles

GET THE MAGAZINE Subscribe & Save

Digital Now Included!

SUBSCRIBE NOW

Give a Gift   |   Subscriber Services

PREVIEW THIS MONTH'S ISSUE

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

Get Digital Access.

All Handguns subscribers now have digital access to their magazine content. This means you have the option to read your magazine on most popular phones and tablets.

To get started, click the link below to visit mymagnow.com and learn how to access your digital magazine.

Get Digital Access

Not a Subscriber?
Subscribe Now