Ruger Appoints New Senior Vice President & Chief Financial Officer

Andrew Wieland Joins Ruger After Long-Term Planned Transition of Existing CFO Tom Dineen

Sturm, Ruger & Company, Inc. (NYSE-RGR) is proud to announce the appointment of Andrew Wieland as Senior Vice President and Chief Financial Officer, following the planned transition of Tom Dineen.

In this role, Mr. Wieland will lead all financial operations, including forecasting, corporate budgeting, financial reporting and evaluation of potential investment opportunities. This leadership position is central to the continued execution of Ruger's long-term priorities and 2030 plan.

Mr. Wieland brings extensive experience in financial leadership, long-range financial planning and manufacturing-focused finance from his tenure at Eaton Corporation, a publicly traded multi-national power management company. He most recently served as Vice President of Finance and Controller of Eaton Electrical Sector Americas: Assemblies and Residential Solutions Group.

Throughout his career, he has led major forecasting and planning processes, including financial outlooks, annual profit plans and long-term strategic plans across multi-site, complex divisions. His work supported growth through manufacturing capacity expansion, strengthening core financial operations and enhanced operational decision-making. Mr. Wieland has also championed several finance transformation initiatives, modernizing planning systems, strengthening financial controls and driving process improvements that increased efficiency. He has consistently demonstrated an ability to align financial strategy with organizational needs in dynamic and fast-growing business environments.

"Andrew's experience driving financial discipline, strengthening manufacturing output and leading strategic financial planning makes him an exceptional fit for Ruger’s future," said Todd Seyfert, President & CEO. "He brings the combination of financial clarity, operational insight and leadership focus we need as we continue to grow, innovate and deliver value to our employees, customers and shareholders."

This appointment reflects Ruger's continued investment in long-term financial strength, agile responsiveness and operational excellence under Mr. Seyfert's leadership. Mr. Wieland will play an important role in strengthening Ruger's financial foundation and supporting the Company's commitment to sustainable growth.

Ruger would also like to extend its sincere gratitude to Tom Dineen for his many years of dedicated leadership and financial stewardship. This planned transition follows a long and meaningful career with the Company, beginning in 1997 and including his service as Chief Financial Officer since 2003 and as Vice President, CFO and Treasurer since 2006.

"Tom's contributions have been instrumental in strengthening the Company's financial foundation, establishing our disciplined approach to capital allocation and supporting Ruger's growth," said Todd Seyfert. "We are grateful for his leadership over the last three decades and wish him the very best in his next chapter."

Mr. Dineen will step down from his role on March 31, 2026, and will remain with the Company until April 30, 2026. The Company thanks Mr. Dineen for his service and remains focused on ensuring a seamless transition and continued financial strength.