AMMO, Inc. and Gunbroker.com Appoints Jared Smith as Director
July 25, 2023 at 08:30 am EDT
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AMMO, Inc. announced that industry veteran Jared Smith will become a Director of AMMO and GunBroker.com Jared has been AMMO?s President and Chief Operating Officer since January 2023 Jared has spent 17 years working in the firearm and ammunition sector, where he most recently spent more than five years as the General Manager with Fiocchi of America, a global manufacturer of premium ammunition for competition, hunting, and defense applications. During his tenure at Fiocchi, he held multiple positions, including Director of Procurement and Supply Chain, and subsequently, Vice President of International Strategy and Development. As Fiocchi?s GM, Jared maintained full P&L ownership and managed separate manufacturing operations, while overseeing three acquisitions and led Fiocchi?s revenue growth in three short years from $95 million to more than $200 million.
AMMO, Inc. is a vertically integrated producer of ammunition and components. The Company is the owner of GunBroker.com, which is an online marketplace serving the firearms and shooting sports industries. The Company operates through two segments: Ammunition and Marketplace. The Ammunition segment consists of the Companyâs manufacturing business. The segment is engaged in the designing, production and marketing of ammunition and ammunition component products. The Companyâs core ammunition business is vertically integrated with multi-channel distribution, including direct-to-consumer, wholesale, military and law enforcement customers. Its product offering encompasses approximately 60 items, including STREAK Visual Ammunition, a patented technology. The Marketplace segment consists of the GunBroker.com marketplace. In its role as an auction site, GunBroker.com supports the sale of firearms, ammunition and hunting/shooting accessories.