Vista Outdoors Moves To ‘Stabilize’ Company

By Tom Knighton

Vista Outdoors is in trouble, and they know it. The parent company of Federal Premium Ammunition and several other companies know things aren’t good, so it’s time to shake things up a bit and make them better after earnings were slowed for the second quarter this year. That shake-up includes staffing, inventory, and products being offered, reportedly.

Chief Executive Officer Chris Metz, former president of Arctic Cat — a Minnesota-based snowmobile and all-terrain vehicle manufacturer — took the helm at Vista Oct. 10. He said Thursday the company needed to make changes to weather persisting post-election market conditions, starting with the elimination of Shooting Sports Segment President Bob Keller, “to allow our business leaders to drive changes faster and have clear line of sight to the goals at hand.”

Vista owns more than three dozen companies in firearms, ammunition and shooting accessories, including Savage Arms, Stevens, Federal Premium, Speer and American Eagle. It also holds brands in the outdoor lifestyle market.

Vista’s President of Firearms Al Kasper and President of Ammunition Jason Vanderbrink will lead the company’s shooting sports segment in Keller’s absence, Metz said.

“I am excited to combine my passion for these brands …Read the Rest

Source:: Bearing Arms