IndependentsMar 19, 2024
Jade Trau Makes 2 Senior HiresMajorsMar 21, 2024
Signet Jewelers Names New Board Chair
Helen McCluskey will succeed H. Todd Stitzer when he meets his 12-year term limit in June.
Helen McCluskey has been named the new non-executive board chair for Signet Jewelers.
Akron, Ohio—Signet Jewelers Ltd. has named Helen McCluskey as its new board chair.
She will succeed H. Todd Stitzer when he meets his 12-year term limit in June, taking on the role following the company’s annual general meeting.
Stitzer said it was a privilege to serve on the jewelry giant’s board for more than a decade.
“As my tenure as chair comes to an end, I’m struck by how far we’ve come – transforming the culture of the company from the inside out, navigating through a pandemic and modernizing Signet’s powerhouse consumer-facing banners. I’m incredibly proud of the progress we’ve all made together and can’t wait to see what’s to come,” he said.
Signet Jewelers CEO Gina Drosos said his “trusted guidance, unwavering support, and effective counsel have been an invaluable asset to Signet over the course of his tenure."
“I speak for the entire board when I say we are grateful for his leadership and vision as we’ve worked to transform Signet into the purpose-led and financially strong company it is today.”
During his tenure, the company returned more than $3.5 billion to shareholders, tripled its liquidity, and delivered shareholder return of 183 percent, more than three times the peer group median, noted Drosos.
Related stories will be right here …
She will succeed H. Todd Stitzer when he meets his 12-year term limit in June, taking on the role following the company’s annual general meeting.
Stitzer said it was a privilege to serve on the jewelry giant’s board for more than a decade.
“As my tenure as chair comes to an end, I’m struck by how far we’ve come – transforming the culture of the company from the inside out, navigating through a pandemic and modernizing Signet’s powerhouse consumer-facing banners. I’m incredibly proud of the progress we’ve all made together and can’t wait to see what’s to come,” he said.
Signet Jewelers CEO Gina Drosos said his “trusted guidance, unwavering support, and effective counsel have been an invaluable asset to Signet over the course of his tenure."
“I speak for the entire board when I say we are grateful for his leadership and vision as we’ve worked to transform Signet into the purpose-led and financially strong company it is today.”
During his tenure, the company returned more than $3.5 billion to shareholders, tripled its liquidity, and delivered shareholder return of 183 percent, more than three times the peer group median, noted Drosos.
Soon-to-be non-executive chair McCluskey joined Signet’s board as an independent director in 2013.
She has served on the Audit, Finance, and Governance and Technology Committees, including as chair of the Governance and Technology Committee from October 2017 through June 2023.
Prior to joining the board, she was the president and CEO of clothing company The Warnaco Group, Inc. from 2012 until its 2013 acquisition by PVH Corporation, when she retired and became an independent director of PVH until 2014.
She has also served on the board of directors of Abercrombie & Fitch Co. since February 2019.
“Helen is steeped in the ins and outs of Signet’s business and has added great value to the board since joining,” said Brian Tilzer, chair of Signet’s Governance and Technology Committee.
“We are pleased to welcome Helen as the new chair and look forward to continuing to tap into her deep background in retail and understanding of the consumer and Signet.”
More on Majors
The Latest
Supplier BulletinNov 21, 2024
Tasha R Releases 2025 Labbelle Lab Diamond Jewelry CatalogSponsored by Tasha R
AuctionsNov 21, 2024
Gold Watch Gifted to Titanic Rescue Ship Captain Sells for $2MThree Titanic survivors presented him with the personalized Tiffany & Co. timepiece about a year after the tragedy.
CollectionsNov 21, 2024
Channel Elphaba in Muse’s ‘Have a Heart x Cynthia Erivo’ CollectionCynthia Erivo chose Dreams of Hope, an organization dedicated to empowering LGBTQA+ youth, as the charity for this year’s collection.
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
IndependentsNov 21, 2024
Mary Moses Kinney Is Now Part of The Edge’s Team Kinney, who spent nearly 30 years at IJO, has been hired to head Abbott Jewelry Systems’ new virtual marketplace.
Weekly QuizNov 14, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeNov 20, 2024
Sotheby’s to Pay $6.25M Settlement to NY State for Alleged Tax FraudThe auction house was accused of helping clients avoid paying taxes on millions of dollars’ worth of art purchased from 2010 to 2020.
Events & AwardsNov 20, 2024
Kering Debuts New Jewelry Award With Sustainability FocusThe four finalists will present their pieces at the 2025 JCK Las Vegas show.
Brought to you by
Enhance Your Expertise with IGI’s In-Person Courses in NYCThis fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
CollectionsNov 20, 2024
Pamela Love Channels Surrealist Artists in New CollectionThe “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.
Policies & IssuesNov 20, 2024
Columbia Gem House Raises $10K for Reforestation EffortsThe money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.
Events & AwardsNov 20, 2024
The Jewelry Symposium Opens Registration, Scholarship ApplicationsThe event centered on advancing jewelry manufacturing technology will return to Detroit in May 2025.
CrimeNov 19, 2024
Woman Killed in Armed Robbery of Sacramento Jewelry StoreLocal reports identified the woman as the wife of the jewelry store owner.
AuctionsNov 19, 2024
‘A Tsar’s Treasure’ Fetches $2.9M at Sotheby’s Jewelry SaleA collection of pieces owned by Ferdinand I, the first king of modern Bulgaria, and his family, blew away estimates in Geneva last week.
MajorsNov 19, 2024
Trove Opens First US Flagship in NYCThe Australian jewelry box brand’s new West Village store will showcase new jewelers each month through its Designer in Residence program.
CollectionsNov 19, 2024
Snoop Dogg’s New Jewelry Collection Is All About Love“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.
EditorsNov 18, 2024
Q&A: Helzberg CEO Brad Hampton on the Jeweler’s RebrandHampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.
Policies & IssuesNov 18, 2024
Reciprocity Jewels Returns to NYC Jewelry WeekThe group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.
CollectionsNov 18, 2024
Dolly Parton Shines in Collaboration with Kendra ScottThe collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.
Events & AwardsNov 18, 2024
IGI Jewelry Design Competition ReturnsThis year’s theme asks designers to take inspiration from classic fairy tales.
EditorsNov 15, 2024
Why Fine Jewelry Belongs at New York Comic ConSenior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.
CollectionsNov 15, 2024
Marie Lichtenberg Battles Counterfeits with New ‘Raiz’in Scapular’ DesignsThe latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.
WatchesNov 15, 2024
Piece of the Week: Citizen’s Commemorative Pocket WatchNo. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.
Recorded WebinarsNov 15, 2024
Watch: 10 Tips to Keep Your Jewelry Store Secure On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.
AuctionsNov 14, 2024
18th-Century Diamond Necklace Sells for Nearly $5M Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
MajorsNov 14, 2024
Saks Fifth Avenue Cancels Holiday Light DisplayInstead of its usual elaborate display, the store will illuminate its façade and frame the windows to highlight its flagship’s architecture.
WatchesNov 14, 2024
Grand Seiko Partners With Ben Bridge on First Hawaii Store The new Grand Seiko boutique is located in Honolulu’s Waikiki neighborhood.
SourcingNov 13, 2024
Gem Legacy Adventures Announces 2025 Trip Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.
