Sturm, Ruger & Company Inc. announced on their website that former Chairman and CEO of Ruger William B. Ruger Jr. passed away during the weekend. Affectionately known as “Bill”, Mr. Ruger was the second CEO of the company and son of the company’s founder. Current President & CEO of Ruger Chris Killoy issued this statement:
“We are deeply saddened by the passing of Bill, who was integral to the foundation and early success of this company,” said Chris Killoy, President and CEO of Ruger. “Bill’s 42 years of loyal service to the Company has had a lasting impact that is still felt today. We will sincerely miss him and our thoughts and prayers are with his family.”
Mr. Ruger joined the family company way back in 1964 and worked at Ruger in a variety of manufacturing and engineering capacities. Six years later, he became a member of Ruger’s Board of Directors. He was then named VP of Manufacturing for the Southport Firearms Division a year later, then was promoted a few years after that to Senior VP of Manufacturing. Then in 1991, Bill Jr. became President of Ruger. He went on to become the company’s Vice Chairman and Senior Executive Officer in 1995, then President and Chief Operating Officer in 1995. Finally, Bill Jr. became Ruger’s Chairman and CEO after William B. Ruger Sr. retired in the year 2000. In February 2006, Bill Jr. himself officially retired from the company he and his father built.
Born in Greensboro, North Carolina in 1939, William B. Ruger Jr. graduated from Harvard in 1961 with a degree in Engineering and Applied Physics. Before joining the family company, Bill Jr. worked as an electronics engineer at the Kel Corporation in Belmont, Massachusetts. Bill held other positions in other organizations, such as member of the Executive Committee of the Sporting Arms & Ammunition Manufacturer’s Institute, trustee of St. Paul’s School in Concord, New Hampshire, trustee of the Buffalo Bill Memorial Association in Wyoming as well as being an active member in many other trade associations.