According to a source close to the situation, Remington CEO Anthony Acitelli has resigned from his position as head of the Madison, North Carolina based firearms company. Acitelli was elected as CEO in October of 2017 as the firearms manufacturer traversed the different stages of bankruptcy after several years of financial uncertainty. In May of this year, Remington emerged from bankruptcy that transitioned $775M of debt into equity allowing the company to resume a “normal course of business”. In June, Acitelli was named chairman of the board for Remington Outdoor Company.
https://www.thefirearmblog.com/blog/2018/11/30/remington-acitelli-resigns/?utm_source=Newsletter&utm_medium=Email&utm_content=2018-12-04&utm_campaign=Weekly+Newsletter
