Pandora
advertisement
Pandora
advertisement
Pandora
advertisement
Goto your account
Search Stories by: 
and/or
 

News












CEO Virginia C. Drosos will retire in early November and be replaced by James Symancyk from PetSmart. | Source: Gina Drosos
CEO Virginia C. Drosos will retire in early November and be replaced by James Symancyk from PetSmart. | Source: Gina Drosos

Changing tides: Signet CEO to retire in November

A leadership change has been announced at the world’s largest retailer of diamond jewellery, US-based Signet Jewelers.

CEO Virginia C. Drosos will retire in early November and be replaced by James Symancyk from PetSmart, a chain of more than 1,600 stores.

Drosos joined Signet’s board in 2012 and became CEO in 2017. She has overseen several key rebranding projects and acquisitions, including James Allen (2017) and Blue Nile (2022).

She said it had been an honour to serve the company and that now was the right time for a transition. Chair of the board of directors Helen McCluskey added that her time as CEO was defined by significant change.

“As CEO, Gina led Signet in its transformation journey with strategic clarity, disciplined decision-making and a purpose-driven mindset,” she said.

“Under her leadership, in the last five years, the company expanded its market share by nearly 50 per cent and significantly grew its digital presence.”

Earlier this year, Drosos discussed an increased interest in fashion jewellery for the company, which operates around 2,700 stores. Signet also addressed changes in strategy around lab-created diamonds and recycled gold.

More reading
Signet still waiting for engagement sales spike
New horizons: Signet eyes off fashion jewellery market
Wordplay: Diamond jewellery retailer changes terminology
Rings of Distinction: How do jewellers make the right choice?
Lab-created diamonds: Change in approach for major retailer
Early diamond jewellery sales struggles for Signet Jewellers

 











Rapid Casting
advertisement





Read current issue

login to my account
Username: Password:
Duraflex Group Australia
advertisement
SAMS Group Australia
advertisement
SAMS Group Australia
advertisement
© 2024 Befindan Media