The parent of gun maker Smith & Wesson replaced its CEO after the board determined that he 'engaged in conduct inconsistent with a nonfinancial company policy'
James Debney, 52, had led American Outdoor Brands Corp. and its predecessor company since 2011 through one of the industry’s most volatile periods. Sales soared on concerns among gun users that ownership rules would be tightened, creating a boom-and-bust cycle when new legislation didn’t emerge.
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