EditorsSep 16, 2025
Out & About: 7 Great Quotes From Converge in CarlsbadAt Converge 2025, Editor-in-Chief Michelle Graff attended sessions on DEI, tariffs, security, and more. Here are her top takeaways.
MajorsJul 17, 2017
Mark Light Retiring, Signet Appoints First Female CEO
Light will retire at the end of the month and be succeeded by Virginia “Gina” C. Drosos, a former biotech executive who has been on the company’s board since 2012.
Virginia “Gina” C. Drosos, the former CEO of Assurex Health and a Signet board member since 2012, has been named the new CEO of Signet Jewelers Ltd., succeeding the retiring Mark Light.
Akron, Ohio--Signet Jewelers Ltd. announced Monday that longtime executive and current CEO Mark Light will retire at the end of the month and be succeeded by Virginia “Gina” C. Drosos, a former biotech executive who has been on the company’s board since 2012.
The 55-year-old Light has spent his entire career at Signet and has been its CEO since 2014.
Prior to becoming CEO, Light was Signet’s president and chief operating officer and, before that, headed the company’s Sterling Jewelers division, the arm of Signet that includes the Kay Jewelers and Jared the Galleria of Jewelry chains.
He is set to retire on July 31. Drosos will take over as CEO on Aug. 1.
Signet said Monday that Light is retiring due to health reasons.
His retirement comes at a time when the retailer’s sales are slumping and many longtime executives are leaving the company as its works to adjust to the changes in retail and improve its digital capabilities.
Drosos has been an independent director on Signet’s board since 2012.
She serves on the Compensation, and Nomination and Corporate Governance committees, plus the Customer Experience subcommittee focused on omnichannel strategy and the new Respect in the Workforce committee, formed just this year to “reaffirm” the company’s commitment to equal opportunity after The Washington Post published a damaging story detailing past accounts of sexual harassment and mistreatment of female employees at the company.
Drosos is the first woman to head the retailer, which traces its roots back to 1857 with the opening of the first H. Samuel store.
Prior to her time with Signet, Drosos was the president and CEO of Assurex Health, a Mason, Ohio-based biotech company, and, prior to that, worked as a group president of Global Beauty Care at Procter & Gamble.
At Assurex, she delivered “significant revenue growth” and oversaw the August 2016 sale of the company to Myriad Genetics, leading her to receive the Venture Ohio Exit of the Year, Cincinnati USA Chamber of Commerce Woman of the Year and EY Entrepreneur of the Year awards.
“I am honored to serve as the CEO of Signet and look forward to working with our strong management and team members to deliver our revised 2020 Vision, which is focused on bridal, digital and women’s fashion,” Drosos said in the company release announcing her appointment.
Signet’s announcement that it has a new CEO comes less than a week after another major jewelry retail chain, Tiffany & Co.,
announced a change at the top.
More on Majors
The Latest
CrimeSep 16, 2025
2 Robbery Suspects Killed in California Pawn Shop ShootoutSix people were shot last week at an Oakland cash-for-gold shop as employees exchanged gunfire with individuals trying to rob the store.
CollectionsSep 16, 2025
Chopard Adds New Designs to Its ‘Ice Cube’ Capsule CollectionThe jeweler has expanded its high jewelry offering, which launched last year, with new pieces featuring its cube motif that debuted in 1999.
Brought to you by
reDollar.com Is Rolling Out the Next Level Jewelry, Diamond & Watch Consignment ProgramWith their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.
SourcingSep 16, 2025
Natural Diamond Council Launches Retailer Accreditation ProgramBen Bridge Jeweler and Lux Bond & Green were a part of the pilot program.
Weekly QuizSep 12, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
EditorsSep 15, 2025
Skipping the Necklace, Embracing Snakes: The Best Jewelry From the 2025 Emmy AwardsAssociate Editor Natalie Francisco shares eight of her favorite jewelry looks from the 77th annual Primetime Emmy Awards, held Sunday night.
SurveysSep 15, 2025
Resilient Shoppers to Boost Holiday Retail Sales, Says DeloitteIt’s predicting a rise in retail sales this holiday season despite economic uncertainty and elevated inflation.
Brought to you by
Rallying Call for the Jewelry Industry on Tariffs and Other Key IssuesJewelers of America is leading the charge to protect the industry amidst rising economic threats.
SourcingSep 15, 2025
Gemfields Achieves $32M at High-Quality Emerald AuctionIt included the sale of the 11,685-carat “Imboo” emerald that was recently discovered at Kagem.
SourcingSep 15, 2025
AGTA Elects 8 Members to Board of Directors The newly elected directors will officially take office in February 2026 and will be introduced at the organization’s membership meeting.
EditorsSep 12, 2025
Out & About: Mining Sapphires in Rock Creek, MontanaAssociate Editor Lauren McLemore headed out West for a visit to Potentate Mining’s operation hosted by gemstone wholesaler Parlé Gems.
TrendsSep 12, 2025
Piece of the Week: Arunashi’s Fordite and Rhodolite EarringsFordite is a man-made material created from the layers of dried enamel paint that dripped onto the floors of automotive factories.
Events & AwardsSep 12, 2025
Al Gilbertson Wins 2025 Robert M. Shipley AwardGilbertson has worked as a researcher, jeweler, lapidary artist, appraiser, and business owner throughout his decades in the industry.
Policies & IssuesSep 11, 2025
Supreme Court to Hear Tariffs Case in November A decision likely won’t come until January 2026 at the earliest, and the tariffs remain in effect until then.
SourcingSep 11, 2025
Need to Sell More Natural Diamonds? De Beers Has an App for ThatThe new, free app offers accessible educational content, like games and podcasts, for U.S. retailers.
SourcingSep 10, 2025
Tech Meets Style in the New Loewe x Jacob & Co. HeadphonesJacob & Co. partnered with the German technology company on two pairs of headphones, one set with diamonds and the other with sapphires.
TrendsSep 10, 2025
Tiffany & Co. Archival Jewels Bring Life to ‘Frankenstein’Guillermo del Toro’s 2025 “Frankenstein” will feature 27 jewels and objects from the storied brand, including pieces from its archives.
MajorsSep 10, 2025
24 Karat Club of New York’s Banquet to Return to Waldorf AstoriaThe Waldorf Astoria New York’s grand reopening this past summer means a homecoming for the industry group’s annual event.
SourcingSep 09, 2025
Anglo American to Merge With Canadian Copper Miner Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.
AuctionsSep 09, 2025
‘The Mellon Blue’ to Return to Auction, This Time at Christie’s The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.
AuctionsSep 09, 2025
Phillips Names Dianne Batista Head of Jewels, New YorkThe industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.
MajorsSep 09, 2025
MJSA Education Foundation Announces 2025 Scholarship WinnersThe nonprofit awarded four students pursuing a professional career in jewelry making and design with $2,250 each.
IndependentsSep 08, 2025
Take a Look Inside the New Korman Store in AustinThe Texas-based jeweler has also undergone a brand refresh, debuting a new website and logo.
MajorsSep 08, 2025
MJSA Is Officially Now Under JA’s UmbrellaThe two organizations have finalized and signed the affiliation agreement announced in May.
AuctionsSep 08, 2025
Sotheby’s To Auction ‘Exceptional’ Collection of JAR, Suzanne Belperron JewelsThe single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.
Events & AwardsSep 08, 2025
27 Can’t-Miss Converge Sessions, Events From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.
ColumnistsSep 05, 2025
Peter Smith: A Lasting Lesson From Maurice Tempelsman Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.
