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Sturm Ruger directors receive backing

May 14, 2019 7:59 AM ETSturm, Ruger & Company, Inc. (RGR) StockRGRBy: Yoel Minkoff, SA News Editor1 Comment
  • All director nominees at gunmaker Sturm Ruger (NYSE:RGR) received a majority of support from investors at the company's annual meeting held on May 8, including several names criticized by a top proxy adviser.
  • ISS had recommended investors withhold support from three of nine director nominees, citing Ruger's "limited response" to a shareholder resolution last year calling for a safety report and its unusual policy of not engaging with investors.

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