April 29, 2016 8:36 PM ET

Aerospace and Defense

Company Overview of Remington Outdoor Company, Inc.

Company Overview

Remington Outdoor Company, Inc. manufactures and markets firearms, ammunition, and related products for the hunting, shooting sports, law enforcement, military firearm, and ammunition end-markets primarily in the United States and Canada. The company operates through two segments, Firearms and Ammunition. The Firearms segment designs, manufactures, imports, and markets various sporting shotguns, rifles, handguns, and modular firearms primarily under the Remington, Marlin, Bushmaster, DPMS, Parker, and Dakota brand names. The Ammunition segment designs, manufactures, and markets sporting ammunition and ammunition reloading components. This segment produces various SKUs of ammunition (loaded r...

870 Remington Drive

PO Box 1776

Madison, NC 27025

United States

Founded in 1816

3,400 Employees



Key Executives for Remington Outdoor Company, Inc.

Interim Chairman, Chief Executive Officer, President, Lead Director, Member of Executive Committee and Member of Governance & Nominating Committee
Age: 55
Senior Vice President of New Product Development and Innovation
Chief Information Officer
Age: 55
General Counsel
Age: 60
Director of Public Affairs and Relations
Compensation as of Fiscal Year 2015.

Remington Outdoor Company, Inc. Key Developments

Remington Outdoor Company, Inc., Q3 2015 Earnings Call, Nov 19, 2015

Remington Outdoor Company, Inc., Q3 2015 Earnings Call, Nov 19, 2015

Remington Outdoor Company, Inc., Q2 2015 Earnings Call, Sep 01, 2015

Remington Outdoor Company, Inc., Q2 2015 Earnings Call, Sep 01, 2015

Remington Outdoor Company Announces Management Changes

Remington Outdoor Company announced a series of management and Board-level transitions that will accelerate an ongoing transformation at the company as it seeks to optimize operations and reset the foundational processes needed to deliver consistently superior quality across all products and services. Effective immediately, ROC co-lead Director Jim Marcotuli has been appointed President and Chief Executive Officer, and Board member James P. Campbell has been appointed Vice Chairman of the Board. Mr. Marcotuli will also serve as interim Chairman of the Board. George Kollitides II, Chairman and CEO, and the Company have agreed that Mr. Kollitides will step down from both positions immediately to pursue other interests but will continue to serve as a paid Senior Advisor to the company for one year. Additionally, ROC's Chief Financial Officer Ron Kolka is retiring but will remain with the Company for the next 30 days to ensure a smooth transition. ROC also announced that Jeffrey P. Pritchett will join ROC's Board of Directors as part of the Company's broader efforts to build a Board infused with independent talent and the industry, financial and operating experience needed to support ROC's strategic direction. Mr. Pritchett will also work with Mr. Kolka through the CFO transition period. The company has also initiated a search for a Chairman of the Board and may appoint additional Directors to replace Walter McLallen and James J. Pike, who have also decided to retire from the Board. Mr. Pritchett brings significant financial and strategic planning expertise to the Board, most recently as a Senior Operating Executive and Head of the Finance/CFO practice within Cerberus Operating and Advisory Company. He has been advising the management and finance teams at ROC for the past few months, providing a smooth transition as the Company completes its search for a permanent CFO.

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