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Sturm, Ruger & Company, Inc. Appoints Terrence O'Connor To Its Board Of Directors

Sturm, Ruger & Company, Inc. (NYSE-RGR) announced that its Board of Directors has voted to increase the number of Directors to seven, and has appointed Mr. Terrence O'Connor as a Board member effective immediately.

Mr. O'Connor has spent over 30 years in the financial investment industry. Currently he is the Chairman of the Executive Committee of Bald Eagle Partners, a private Real Estate investment firm. Previously he served as the Managing Partner of Cedar Creek Management, LLC, a private investment partnership, and as Partner at HPB Associates, also a private investment firm. Prior to that, Mr. O'Connor spent 10 years at Kidder Peabody in various capacities.

Mr. O'Connor graduated from Bucknell University and earned his Master of Business Administration from the Wharton School of the University of Pennsylvania.

Chief Executive Officer Michael O. Fifer commented, "Terry O'Connor is a talented and energetic executive who will enhance the capabilities of our Board with his financial insight and extensive knowledge of our industry. We are fortunate to have Terry join Sturm, Ruger's Board of Directors and look forward to his valuable contributions to the Company."