Sturm, Ruger & Company, Inc. announced that its board of directors has voted to increase the number of directors to seven, and has appointed Terrence OConnor as a board member effective immediately.

OConnor 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. OConnor spent 10 years at Kidder Peabody in various capacities.

OConnor graduated from Bucknell University and earned his Master of Business Administration from the Wharton School of the University of Pennsylvania.

President and Chief Executive Officer Michael O. Fifer commented, Terry OConnor 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, Rugers Board of Directors and look forward to his valuable contributions to the Company.