Breaking News: Remington CEO Resigns –Personal Matters Cited–Remington begins search for New CEO

The first of the week I was informed that James “Marco” Marcotuli had stepped down as CEO of Remington Outdoors. Marco did not make this decision easily but in the end, personal matters dictated his action to leave Remington.

Having met and spoken with Mr. Marcotuli on several occasions he seemed very dedicated to making Remington a better company after some difficult times in recent years. Marco is a man who welcomed ideas from anyone in the company as well as those of us in the media who were solicited by Marco during meetings for our ideas on improving Remington and taking care of the companies customers.

I’m sure there will be those who announce his departure as being prompted by the last quarter financial report showing a 24% drop in sales. Let me assure you this is not the case. He is well respected and in no way asked to leave says Remington. I know this will come up so I thought why not get it out of the way.

Jessica Kallam Remingtons Media Relations and Public Affairs manager provided the following statements today concerning Mr. Marcotuli’s leaving Remington.

We are pleased to announce that Remington Board Member Jim Geisler has been elevated to Executive Chairman of the Board. This follows the decision by Jim Marcotuli to step down as CEO for personal reasons. Jim has also committed to continue as an advisor to the board during the transition.

In order to promote a quick and seamless transition, the Board has put in place a thoughtful and thorough process to identify a highly qualified successor to serve as a permanent CEO, with both internal and external candidates being considered.

Like many in the firearms industry, Remington is contending with a soft market; but make no mistake, the Company remains strong.

There will be no formal press release. The statement above will be the extent of the companies announcement.





Phil White

Retired police officer with 30 years of service. Firearms instructor and SRU team member. I still instruct with local agencies. My daily carry pistol is the tried and true 1911. I’m the Associate Editor and moderator at TFB. I really enjoy answering readers questions and comments. We can all learn from each other about our favorite hobby!


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  • Rick O’Shay

    Is it really considered “BREAKING” when other blogs have covered it on the 23rd?

    • Pitshoster

      Does *everyone* read *all* other blogs? Nah man… chill.

      • civilianaf

        What he said…

    • Paul Rain

      It’s BREAKING the first, second, or third time TFB covers it.

    • civilianaf

      Jeez this guy, there are people out there that will find a reason to complain about peaches. Peaches are delicious man. If your life is so awesome that this is all you have left to complain about, congrats, you are my hero.

      • gusto

        kinda slobby eating thou, don’t care for them tbh

        gimme a granny smith or a proper banana

  • captain obvious

    People either retire, get a new job or “step down for personal reasons,” He ain’t kidding anyone.

    • nimrod

      Not to mention he’d only been there a year or so. He got canned. On the other hand, Remington is facing stiff competition in all markets. Tough to make a buck in the firearms biz these days when you make crappy products.

  • Hans

    Reminds me of the mayors in the Third Reich that stepped down due to ‘health concerns’ shortly after making public comments critical of Adolf Hitler.

    • .45

      Well, if I made such comments at that time, I’d be fairly concerned about my health too…

  • john huscio

    Now ron cohen needs to step down

  • Nomad

    The latest in a string of people abandoning ship (either by choice or by RIF) off of the SS Feinberg. Last one out gets stuck with the debt!

    Best of luck to his successor.

  • Cyborg Fred

    But the question is, are they going to continue to sell garbage products? Or are they going to actually manufacture something of quality? It’s sad to see this company run into the ground by incompetent leadership and sub standard quality. The R51 and many other products are a testament to this.

    • Tim

      Out: James “Marco” Marcotuli
      In (post-op): Janet “Marcia” Marcotuli-Jenner, ready to finish-off what remains of Remington.

    • Roguewriter

      Unless the new leadership is willing to change the quality control policies in place at Remington, this change means nothing.

  • Kyle

    Hire me! I can’t do much worse than the previous guys…

    • .45

      Exactly. And I don’t know about you, but I’d do it for cheaper pay than the last guy. I don’t know what he got paid, but I’m sure even half his salary would be fine with me.

  • civilianaf

    When companies chase the short money, consumers pay the price. Jeez this guy should have been axed when the R51 disaster hit the market. Its common knowledge in the industry who made their 1911 parts, they should have never closed the Ilian plant to “save $”, thats where all their talent was, going back 100 years. To consolidate all their operations while bean counters and executives whittled away at their quality to pad their stockholders wallets. What is their reputation worth now that everyone knows their products have become crap? Nice job Freedom Group, keep up the good work.

    • nadnerbus

      It’s what Cerberus does. They seem like an organization run by rich kids that partied their way through a business degree, and now buy merge and sell multi million dollar companies. They seem to just do whatever their textbooks said to do to create efficiencies and cost savings, regardless of whatever quirks and special circumstances the various businesses may have.

    • J-

      At least get your facts right. The Ilion, NY plant is open and operational. It was the R&D center in Elizabethtown, KY and manufacturing in Mayfield, KY that were shut down and consolidated in Huntsville. Bushmaster, DPMS, and Para Ord were moved to Huntsville as well. Ilion continues to make the legacy Remington products like the shotguns and Model 700 rifle.

    • He wasn’t the CEO at the time of the R51. That CEO left during the R51 disaster. Marco had nothing to do with the R51 except the cleanup.

  • PersonCommenting

    I volunteer as tribute!

    EDIT: Here is my resume
    I have shot guns for a whopping 9.2586 years now, I was assistant to the manager for 1 year and have managed 5 people for my job. Im pretty sure ive got this.

  • ironked

    Meh.

  • BeGe1

    For a while now Remington has just been in a race to the bottom to see which department can make the firearm that is the ugliest, least reliable, and most prone to needing recalls.

    Considering the issues they’re having being across the board and so many departments, I can’t help but think it’s a problem at the C-level. So the CEO leaving probably only means it has nowhere but upward to go.

    They can talk about him being well-respected as a CEO until they’re blue in the face. Reality is that they’re the only ones thinking that way. The consumers would welcome the entirety of Remington’s C-level execs being swapped out.

  • Kevin Brittingham

    How much they paying?

  • Klaus Von Schmitto

    I guess it’s pretty darn personal when you come to your office and all your shi&% has been packed up in boxes.

  • uisconfruzed

    Wish you well Marco. Until they have a QA dept with teeth and are separate from the stockholders of Cerberus/Freedom Group, I won’t touch anything in a Green Box.

  • ciscokid3750

    Typical CEO, cheapen the product, lay off workers, lower wages, rush a product to market without thoroughly testing it and then pad your salary and run away with the cash. Its called legalized robbery.