Smith & Wesson President Named
The Associated Press
Friday, Oct. 6, 2000; 5:29 p.m. EDT
SPRINGFIELD, Mass. –– George Colclough has been named president
of Smith & Wesson, the company announced Friday.
Colclough succeeds Ed Shultz, who had been president of the handgun
company, currently owned by British conglomerate Tomkins PLC, since
1992.
Shultz will remain president of Murray Inc., which was recently sold
by Tomkins to Summersong Investments. He had been serving as
president of both Smith & Wesson and Murray.
Colclough, who had been Smith & Wesson's vice president of
administration, has worked for the company for 25 years. He is a
lawyer and retired colonel in the U.S. Army Reserve.
Murray, headquartered in Brentwood, Tenn., makes power mowers,
snow blowers and bicycles.
Smith & Wesson has facing criticism from some competitors and buyers
for the past several months, when it entered into an agreement with the
government.
In the March agreement, the company promised to demand background
checks on gun-show buyers, install safety locks, and work on high-
tech guns that can be fired only by their owner.
In exchange, public officials agreed to drop Smith & Wesson from some
municipal and other government lawsuits challenging the safety and
marketing practices of the gun industry.
The Associated Press
Friday, Oct. 6, 2000; 5:29 p.m. EDT
SPRINGFIELD, Mass. –– George Colclough has been named president
of Smith & Wesson, the company announced Friday.
Colclough succeeds Ed Shultz, who had been president of the handgun
company, currently owned by British conglomerate Tomkins PLC, since
1992.
Shultz will remain president of Murray Inc., which was recently sold
by Tomkins to Summersong Investments. He had been serving as
president of both Smith & Wesson and Murray.
Colclough, who had been Smith & Wesson's vice president of
administration, has worked for the company for 25 years. He is a
lawyer and retired colonel in the U.S. Army Reserve.
Murray, headquartered in Brentwood, Tenn., makes power mowers,
snow blowers and bicycles.
Smith & Wesson has facing criticism from some competitors and buyers
for the past several months, when it entered into an agreement with the
government.
In the March agreement, the company promised to demand background
checks on gun-show buyers, install safety locks, and work on high-
tech guns that can be fired only by their owner.
In exchange, public officials agreed to drop Smith & Wesson from some
municipal and other government lawsuits challenging the safety and
marketing practices of the gun industry.