Thomas A. Dineen Named Vice President of Sturm, Ruger & Co., Inc.
May 25, 2006
Sturm, Ruger & Company, Inc. (NYSE:RGR) is pleased to announce the immediate appointment of Thomas A. Dineen to serve as Vice President, Chief Financial Officer, and Treasurer of the Company.
Tom Dineen is a 1990 graduate of Boston College. Prior to coming to Sturm, Ruger & Co., Inc. he was an Audit Manager at KPMG LLP. He was hired by the Company in 1997 to serve as its Manager of Corporate Accounting. He became the Company's Chief Financial Officer in May 2003 and has served with great distinction in that position since that time.
"Tom Dineen has been an exemplary CFO," said Sturm, Ruger President Stephen L. Sanetti. "During the many new challenges presented by new standards of corporate governance enacted in the Sarbanes-Oxley Act and other financial best practices and regulations, Tom has always met these challenges with a smile and with financial acumen. His integrity is completely above reproach and he sets high standards for himself, the finance department, and the entire financial affairs of the Company."
"I can think of no better qualified individual nor a finer person to work with in meeting today's financial reporting requirements," Sanetti concluded.
About Sturm, Ruger & Co., Inc.
Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. The only full-line manufacturer of American-made firearms, Ruger offers consumers over 400 variations of more than 30 product lines. For more than 60 years, Ruger has been a model of corporate and community responsibility. Our motto, "Arms Makers for Responsible Citizens®," echoes the importance of these principles as we work hard to deliver quality and innovative firearms.
The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
Sturm, Ruger & Co., Inc. “Arms Makers for Responsible Citizens®”