Death of Townsend Hornor, Director
September 13, 2005
Sturm, Ruger & Company, Inc. (NYSE: RGR) regrets to announce that Company Director Townsend Hornor passed away at his home in Osterville, Massachusetts on September 11, 2005 after a brief bout with cancer.
Mr. Hornor had been a Company Director since April of 1972, and was the Chairman of the Nominating and Corporate Governance Committee of the Board of Directors, as well as a member of the Board's Audit and Compensation Committees. He was also a Director of the Nickerson Lumber Company, co-founder and Chairman of the National Marine Life Center, a Director of the Woods Hole Oceanographic Institute, past President and Chairman of the Naval War College Foundation, and a trustee or director of many other charitable organizations.
Mr. Hornor originally retired from a career in investment banking, having been the First Vice President and General Partner of White Weld & Company. He was a Senior Securities Analyst member of the Boston and New York Societies of Securities Analysts.
Sturm, Ruger Chairman and CEO William B. Ruger, Jr. commented, " 'Townie', as he was known to his friends, worked diligently over the 33 years of his association with the Company in our best interests and to our great benefit. We will miss him very much as both friend and colleague."
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