Thursday, February 26, 2004
The resignation by Minder, who lives in Scottsdale, Ariz., came three weeks after The Arizona Republic reported that he had spent more than 10 years in Michigan prisons in the 1950s and 1960s for a string of armed robberies and an attempted prison escape.
Minder said he didn't disclose his criminal past to the other directors of the 150-year-old gun company prior to his election as chairman in mid-January.
"Nobody asked," he said, adding he had turned his life around in the 30 years since his release from prison.
For the corporate lawyers out there: This points to a new question for the annual Director's questionnaire.