Remington Announces Major Management Changes

By Bob Owens

Remington has announced a major management shakeup today.

Chairman and CEO George Kollitides II is stepping down to “pursue other interests,” while Chief Financial Officer Ron Kolka is announcing his retirement along with Directors Walter McLallen and James J. Pike.

ROC co-lead Director Marco Marcotuli has been appointed President and Chief Executive Officer, while Board member Jim Campbell has been appointed Vice Chairman of the Board. Jeff Pritchett is joining the board of directors to fill one of the vacated director slots.

A search is being formed for a new Chairman of the Board and perhaps additional directors as the company seeks to rebuild its reputation for building quality firearms.

Here’s more from the Remington press release.

“Over the past nine months Marco has distinguished himself as a visionary operator and remarkably effective change agent who has driven measurable results across our organization,” said Rob McCanna, senior vice president of sales at ROC. “His strategic focus and no-nonsense leadership style are a perfect fit for ROC as we chart the best possible course for our future and a renewed emphasis on our customers.”

“The Remington brand is steeped in tradition and a proud heritage of designing and manufacturing safe, quality products used by countless military …read more

Source:: Bearing Arms