FinancialsMar 19, 2025
Signet Jewelers to Close Stores, Cut Staff Amid Declining SalesMajorsMar 24, 2025
4 Top Executives to Depart Signet Jewelers Amid Turnaround
The jewelry giant is reducing its senior leadership by 30 percent as part of its new turnaround strategy.
Signet Jewelers is parting ways with four top executives. From left to right, Jamie Singleton, Bill Brace, Rebecca Wooters, and Bill Luth. (Images courtesy of Signet Jewelers)
Akron, Ohio—Signet Jewelers Ltd. will part ways with four of its top executives as part of its recently announced turnaround plan.
The new plan, titled “Grow Brand Love,” includes a reorganization that will mean reducing its senior leadership by 30 percent.
Jamie Singleton, group president and chief consumer officer, will retire on March 31, as per a 10-K filing.
Singleton joined the jewelry giant in 2012, holding various leadership roles, including chief marketing officer and the president of Kay, Zales, and Peoples.
Singleton may remain as a full-time, non-executive employee to provide support during the transitional period, said the filing.
Chief Digital Officer Rebecca Wooters, who has been with Signet since 2020, left the company on March 21, as per the filing.
Wooters has decided to pursue other opportunities, according to a statement shared with National Jeweler.
Bill Brace, president of Kay, and Bill Luth, executive vice president of global store operations, will also depart the company, as per the statement.
Brace had been with Signet since 2018, and he retired on March 21.
Luth, who has been with the company more than 30 years, will remain for an unspecified period of time to aid in the transition process.
Related stories will be right here …
The new plan, titled “Grow Brand Love,” includes a reorganization that will mean reducing its senior leadership by 30 percent.
Jamie Singleton, group president and chief consumer officer, will retire on March 31, as per a 10-K filing.
Singleton joined the jewelry giant in 2012, holding various leadership roles, including chief marketing officer and the president of Kay, Zales, and Peoples.
Singleton may remain as a full-time, non-executive employee to provide support during the transitional period, said the filing.
Chief Digital Officer Rebecca Wooters, who has been with Signet since 2020, left the company on March 21, as per the filing.
Wooters has decided to pursue other opportunities, according to a statement shared with National Jeweler.
Bill Brace, president of Kay, and Bill Luth, executive vice president of global store operations, will also depart the company, as per the statement.
Brace had been with Signet since 2018, and he retired on March 21.
Luth, who has been with the company more than 30 years, will remain for an unspecified period of time to aid in the transition process.
“These decisions are the right thing to do for our company, but they are not made easily. For some on our executive team and within our company, it results in great leaders deciding to retire from Signet or moving on from the company to find their next steps,” said CEO J.K. Symancyk in internal comments shared with National Jeweler.
“I cannot thank them enough for their contributions and the passion they have brought to our company, our team, our customers, and our industry to help us advance to where we are today.”
Signet’s new strategy was created in response to the company’s “lack of growth,” said Symancyk on the company’s earnings call last week.
It reported declining sales in the fourth quarter and for the full year.
Other highlights of the plan include closing, relocating, or renovating stores, and a focus on building brand loyalty.
Editors' Picks
Sponsored by
More on Majors
The Latest
CrimeAug 04, 2026
Crew of Thieves Break Into Indiana Jeweler’s HomeFour men were charged in connection with the break-in and accused of stealing $365,000 in cash, jewelry, and designer goods.
CollectionsAug 04, 2026
Musician Carlos Santana Launches Jewelry BrandSantana Now's debut collection, “Unidad,” features symbolic motifs as well as pieces of wood from the Woodstock stage.
CrimeAug 03, 2026
Florida Man Gets 15 Years in Trio of Jewelry Store RobberiesThe 50-year-old man pleaded guilty earlier this year to robbing two jewelry stores and a pawn shop of more than $700,000 in merchandise.
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsRetailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.
WatchesAug 03, 2026
Citizen's New Spider-Man Watch Is a Collector’s DreamThe watch’s dial features an original design by Marvel comics illustrator Adam Kubert.
Weekly QuizJul 30, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsAug 03, 2026
Chatham Releases First Men’s CollectionThe new collection of lab-grown diamond and colored gemstone jewelry provides a “fresh perspective” on the category, Chatham said.
TrendsAug 03, 2026
Amanda’s Style File: Spinel vs. Peridot While some August babies are team peridot, the month's time-honored birthstone, others are team spinel, the newer alternative.
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center StageColored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
TrendsJul 31, 2026
These Pieces of the Week Are Sweet Edina Kiss’ “Popsicle” pendant and Karina Choudhrie’s “Ice Cream” charm satisfy that summer craving for a sweet piece of jewelry.
MajorsJul 31, 2026
Macy’s Iconic Red Shopping Bag Sign Torn DownThe massive billboard has been in the same spot on the department store’s Herald Square flagship store for decades.
SourcingJul 31, 2026
Gemfields’ H1 Revenue Jumps 72%The miner’s ruby and emerald auctions brought in a combined $102.9 million.
SourcingJul 30, 2026
De Beers Sale in ‘Final, Most Challenging’ Phase, Anglo CEO SaysThe goal is for the De Beers sale to be finished by the second half of 2026, with the subsequent approvals process expected to take a year.
Policies & IssuesJul 30, 2026
JA Heads Back to Washington as New Wave of Tariffs Takes Effect David Bonaparte, along with Tim Haake and Ronnie VanderLinden, continue to lobby for tariff exemptions for diamonds, gemstones, and pearls.
SurveysJul 30, 2026
Consumer Confidence Slips in JulySurvey respondents were concerned about the rising prices of food and groceries as well as unemployment.
Events & AwardsJul 30, 2026
Vicenzaoro Releases 2026 Education LineupThe trade show, slated for Sept. 4-8 in Vicenza, Italy, will feature sessions on trends, AI, gemology, and manufacturing.
Events & AwardsJul 30, 2026
Hillsborough Show Moves to New Location for 2026The public shopping event featuring art, jewelry, watches, and rare collectibles, will take place in Santa Clara, California, this fall.
EditorsJul 29, 2026
Q&A: The Past and Future of Angola’s Diamond Industry Endiama Commercial Director Elton Escrivão knows people have a lot of misperceptions about Angola. He wants to change that.
MajorsJul 29, 2026
Kevin Reilly Retires After 39 Years in the Jewelry Industry Reilly has been with PGI USA for the last 20 years, leading partnership development and professional education.
FinancialsJul 29, 2026
Kering’s H1 Jewelry Sales Up 14%Boucheron reached record sales while Pomellato found success in its signature collections.
Events & AwardsJul 29, 2026
Lauren Harwell Godfrey Designs a Flag for ArkansasShe was one of more than 120 American designers who created flags for the “United Flags of Fashion” project led by CFDA and Vogue.
ColumnistsJul 28, 2026
Peter Smith: Why Your Job Postings May Be Working Against You Smith reveals the method The Retail Smiths use to help retailers and vendors write better job postings.
FinancialsJul 28, 2026
Tiffany & Co., Bulgari Lead the Way for LVMH in H1LVMH’s jewelry and watch brands outperformed the company’s other divisions in an environment the company described as “disrupted.”
CollectionsJul 28, 2026
Lionheart’s New Collection Unites Spiritual Iconography“Sacred Heart” features symbols like crosses, angel wings, the Star of David, and the evil eye as a representation of coexistence.
Events & AwardsJul 28, 2026
The Edge Funding 2 Scholarships Via 24 Karat Club SEUS The scholarships will go to early-career professionals looking to study gemology, bench work and jewelry design, or store operations.
SurveysJul 27, 2026
Jewelry Leads Luxury Market Amid Stabilization, Bain SaysBain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.
SourcingJul 27, 2026
‘Rubies’ Goes on Display at Harvard MuseumThe exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.
Policies & IssuesJul 24, 2026
New Trump Tariffs: What They Mean for Jewelry The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.
