Sturm Ruger Shareholders Vote to Create Gun Violence Report

Ruger Redhawk Revolver 357 Magnum with Beautiful Wood Stocks
Ruger Redhawk Revolver 357 Magnum with Beautiful Wood Stocks

U.S.A.-(Ammoland.com)- Sturm Ruger shareholders voted Wednesday to require the gun makers board of directors to create a report “on the company’s activities related to gun safety measures and the mitigation of harm associated with gun products,” according to internal Sturm Ruger documents.

The board of directors must provide “evidence of monitoring of violent events” that are associated with the sale of their firearms along with methods of producing safer guns. The report must also address the companies “reputational and financial risks related to gun violence in the U.S.”

Colleen Scanlon, senior vice president and chief advocacy officer for Catholic Health Initiatives, pushed for the study. Catholic Health Initiatives is a major shareholder in American Outdoor Brands which is the parent company of Sturm Ruger.

“We as shareholders are saying that gun violence is significant enough that you, as a gun company, need to address what your responsibility to gun safety is,” Scanlon told CNNMoney.

Catholic Health Initiatives along with 11 other religious organizations that own stock in Sturm Ruger drafted the proposal. The board of directors and the CEO, Christopher Killoy, of Sturm Ruger were not happy with the proposal suggesting that the shareholders were not acting in the best interest of the company, but he stated that Sturm Ruger would fulfill the request.

“The proposal requires Ruger to prepare a report, that’s it, a report,” Killoy told the shareholders at their annual meeting. “The shareholders have spoken, and we will follow through on our obligation to prepare that report in due course.”

“What the proposal does not and cannot do is to force us to change our business, which is lawful and constitutionally protected,” he said.

Killoy went as far as claiming the proposal was the work of the anti-gun lobby that wants to shut down the gun industry. He was worried about the backlash that the study would have on Sturm Ruger.

“What [the report] does not do and cannot do is force us to adopt misguided principles created by groups, who do not own guns, know nothing about our business and frankly would rather see us out of business,” Killoy told the shareholder at the meeting. “The proposal also cannot change what Ruger is about and what we stand for.”

Scanlon also would like to see Sturm Ruger focus on smart gun technology. She spoke about the gunshot wounds that hospitals treat in the Catholic Health Initiatives network. She believes smart gun technology would cut down on criminals getting guns although she did not address how new technology would be used to prevent criminals from getting gun.

Critics of the smart gun technology argue that it is cost prohibitive and doesn’t work. They say that a malfunction at a critical time could cost innocent lives instead of saving them.

This study isn’t the first time Sturm Ruger found itself on the anti-gun side of the debate. Back in 1989 Ruger pushed for a federal magazine size limit. The company at the time was under the control of Bill Ruger.

William B. Ruger
William B. Ruger

The best way to address the firepower concern is therefore not to try to outlaw or license many millions of older and perfectly legitimate firearms (which would be a licensing effort of staggering proportions) but to prohibit the possession of high capacity magazines,” Bill Ruger said in a letter to Congress. “By a simple, complete and unequivocal ban on large capacity magazines, all the difficulty of defining ‘assault rifle’ and ‘semi-automatic rifles’ is eliminated. The large capacity magazine itself, separate or attached to the firearm, becomes the prohibited item. A single amendment to Federal firearms laws could effectively implement these objectives.

Bill Ruger left the company in 2000 and died in 2002. This time it looks like it is more of the shareholders using their power to push forward an anti-gun agenda than the company itself. The Catholic Health Initiatives and the other groups seem to be acting as a fifth column within the share holder’s group.


About John Crump

John is a NRA instructor and a constitutional activist. He is the former CEO of Veritas Firearms, LLC and is the co-host of The Patriot News Podcast which can be found at www.blogtalkradio.com/patriotnews. John has written extensively on the patriot movement including 3%’ers, Oath Keepers, and Militias. In addition to the Patriot movement, John has written about firearms, interviewed people of all walks of life, and on the Constitution. John lives in Northern Virginia with his wife and sons and is currently working on a book on the history of the patriot movement and can be followed on Twitter at @crumpyss or at www.crumpy.com.

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Charles

I didn’t leave the Catholic Church … it left me … and it’s been a long gradual process. I was privileged to be on the flight line at Andrews AFB when Pope John Paul arrived. Back then, I was a rock solid Catholic and he was my personal hero. It seems to me that the Catholic Church was at its absolute Zenith back then. Today, I hardly recognize what used to be my Church. If you know anyone who has (retired military) Tri Care Plus, I may need advice to find a new provider. I pay a pretty penny for… Read more »

frank

You’ve got to be kidding me!

Duane A. Webb

So, Colleen Scanlon is the problem.

Pete Wheeler

You cant blame ruger these comments are ignorant. You got killroy saying that he does not support it and will not change and who says what type of report will be put forth have a little faith bill ruger doesnt run the company all you guys bitching bout ruger probably has 20 smith and wessons with hillary holes so misguided

tomcat

When did it come about that a religious organization could gamble with moneys that come to them through the collection plate. The Catholic Health Initiative has strayed from the original meaning and purpose of religion. When you add that to the pedifiles and other misgivings maybe the Catholic Church should step back and look at their position as a parishioner would.

Mark Woodward

“Back in 1989 Ruger pushed for a federal magazine size limit. The company at the time was under the control of Bill Ruger.”

That’s the EXACT reason that I’ve NEVER purchased and WILL NEVER purchase ANYTHING produced by Ruger. Bill Ruger was a sellout to the cause and attempted to exempt Hi-Cap mags for the Mini-14 from the proposed ban. GOOD RIDDANCE to him, he was a subversive pox on the firearms industry!!!

OLDHANDLOADER

That would be Luke 22:36 by the way.

OLDHANDLOADER

“IF YOU DO NOT OWN A SWORD, SELL YOUR CLOAK AND BUY ONE.”
JESUS CHRIST

Florida John

Not often that I am compelled to respond with a correction, but Sturm Ruger is a independent stockholder-owned corporation listed on the New York Stock Exchange (symbol RGR). I should know as I own some shares. American Outdoor Brands is the new corporate name of Smith and Wesson Holding, traded on the NASDAQ exchange. American Outdoor Brands was adopted as a new name when the company went on a buying spree, acquiring Thompson Center Arms, Crimson Trace, Schrade Knives, and several other black rifle makers. If we want to influence Ruger, buy a few shares of their stock (it has… Read more »

Bud

What will they do when their actions ruin the value of the shares they hold. Makes no sense.