Sturm, Ruger & Company, Inc. (RGR) announced on Friday that CEO Chris Killoy will be retiring from his role. Killoy will remain involved as a Special Advisor to assist the incoming CEO and the Board of Directors until his official retirement in May.
The company also stated that Todd Seyfert will take over the roles of President and CEO, starting March 1. Seyfert previously served as CEO of FeraDyne Outdoors, LLC, a leading company in the manufacturing of premium archery and hunting products.
As of now, RGR is trading at $36.07, marking a 0.36 percent increase, or a rise of $0.13, on the New York Stock Exchange.
