GORE-TEX Professional

Remington Arms CEO Resigns

Bloomberg.com reported on Friday that Remington Arms and Freedom Group CEO Ted Torbak has resigned effective 24 September and is taking a position with Cincinnati Bell Inc. Granted, Remington has filed for an Initial Public Offering, but Torbak is not a gun guy so we are not overly concerned with his leaving although we have heard that Torbak gave little notice of his departure. Remington continues to search for a new CEO.

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