October 25 2017

Huntsville, AL – Remington Outdoor Company (“ROC”), one of the world’s leading designers and manufacturers of firearms, ammunition, and related products, today announced Remington’s Board of Directors has unanimously elected Anthony Acitelli Chief Executive Officer (CEO) and to the Board of Directors.

Mr. Acitelli is a respected industry veteran with twenty plus years of leadership experience. In addition to successfully leading sales and marketing organizations, Mr. Acitelli most recently served as CEO of Taurus Holdings. Mr. Acitelli holds a Master of Business Administration from Thunderbird Global School of Management and a bachelor’s degree in Finance from the University of South Florida.

“Anthony’s experience as an industry insider with both customers and consumers will strengthen Remington’s presence in the market place.” said Jim Geisler, Executive Chairman of the Board. “As our industry continues to experience changes in demand and in consumers buying preferences, Remington will continue to innovate providing the best products and experiences to our customers. There can be no other way to build a good 2018 and beyond.”

Mr. Acitelli stated, "I am truly humbled and honored to become a part of America’s most iconic brands within the hunting and shooting industry. I look forward to the challenges ahead, while forging a course for the future with innovation and vision. We owe it to those that came before us and to those that will follow."

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About Remington Outdoor Company

ROC, headquartered in Madison, N.C., designs products for the hunting, shooting, self-defense, military, and law enforcement markets. Founded in 1816, ROC is the nation’s oldest gun maker and one of the largest domestic producers of firearms and ammunition. ROC employs over 3,500 people and distributes its products throughout the U.S. and over 55 countries. ROC includes globally recognized brands such as Remington®, Remington 1816®, Bushmaster®, DPMS®, Marlin®, H&R®, Advanced Armament Corp. ®, Dakota®, Nesika®, Storm Lake® and Barnes® Bullets.

More information about the Company can be found at www.remington.com.

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