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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) January 26, 1998
Sturm, Ruger & Company, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 001-10435 06-0633559
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
One Lacey Place Southport, Connecticut 06490
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (203) 259-7843
(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On January 26, 1998 Gerald W. Bersett, the President and Chief
Operating Officer of Sturm, Ruger & Company, Inc. (the "Company"), submitted his
resignation as President, Chief Operating Officer and a director of the Company,
such resignation to be effective March 1, 1998. Effective on that date, William
B. Ruger, Jr., who is currently Vice Chairman and Senior Executive Officer of
the Company and a director, will assume the additional duties of President and
Chief Operating Officer of the Company and Stephen L. Sanetti, who is currently
Vice President and General Counsel of the Company, will become a director of the
Company to fill the vacancy created by the resignation of Mr. Bersett. For
further information, stockholders and other interested persons are referred to
the Company's press release dated January 26, 1998, which is filed as Exhibit
20.1 to this Report and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENT, PRO FORMA
FINANCIAL INFORMATION AND EXHIBITS.
Exhibit Description
20.1 Press release dated January 26, 1998
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
STURM, RUGER & COMPANY, INC.
Date February 6, 1998 By: /S/ Erle G. Blanchard
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Name: Erle G. Blanchard
Title: Vice President
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EXHIBIT 20.1
For further information contact:
William B. Ruger, Jr. 603-863-3300
Erle G. Blanchard 203-259-7843
Stephen L. Sanetti 203-259-7843
FOR IMMEDIATE RELEASE
SOUTHPORT, CONNECTICUT, January 26, 1998--Sturm, Ruger & Company, Inc.
(NYSE-RGR), announced today the voluntary resignation of Gerald W. Bersett as
President, Chief Operating Officer, and as a member of the Board of Directors
effective March 1, 1998. Commenting on the resignation Chairman William B. Ruger
acknowledged Bersett's contribution to the Company during his tenure and thanked
him for his industry-wide efforts over their long association. William B. Ruger,
Jr., currently Vice Chairman and Senior Executive Officer, will assume the
additional duties of President and Chief Operating Officer. Stephen L. Sanetti,
Vice President and General Counsel, will replace Bersett as a member of the
Board of Directors. These changes will also be effective on March 1, 1998.
Sturm, Ruger & Company, Inc. was founded in 1949. The Company's
business segments are engaged in manufacturing high quality rifles, shotguns,
pistols, and revolvers for a variety of sporting and law enforcement purposes.
The Company also manufactures titanium, ferrous, and aluminum investment
castings for a wide variety of customers and end users. Plants are located in
Newport, New Hampshire, Manchester, New Hampshire, and Prescott, Arizona.
Corporate headquarters are located in Southport, Connecticut.
