FinancialsAug 08, 2025
Brilliant Earth’s Q2 Sales Up 3% as Engagement Ring Sales RiseThe company raised its full-year sales guidance while noting it has not yet assessed the potential impact of the latest tariff news.
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.,
Editors' Picks
Sponsored by
announced a change at the top.
More on Majors
The Latest
Events & AwardsAug 08, 2025
GJEPC’s Jewellers for Hope Celebrates 10 Years of FundraisingThe organization has raised more than $1.3 million for charity since its inception.
TrendsAug 08, 2025
Piece of the Week: Rahaminov Diamonds’ Bezel BangleThe brand’s latest iteration of a bezel-set diamond bangle features clean lines and a timeless design for a new modern silhouette.
Brought to you by
Taking the Moment Head On: How Rio Grande Champions the Present & Future of Fine JewelryAs a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.
WatchesAug 07, 2025
Bulova’s New Collection Honors Tony BennettThe first watch in the series commemorates his participation in the Civil Rights movement, marching from Selma to Montgomery in 1965.
Weekly QuizAug 08, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Lab-GrownAug 07, 2025
Chatham Releases Catalog for Loose Lab-Grown GemstonesThe catalog contains a complete listing of all the loose gemstones in stock, as well as information about the properties of each stone.
TechnologyAug 07, 2025
Rembrandt Charms Debuts New Website, Bird CharmsThe company added a retailer dashboard to its site and three new birds to its charm collection, the cardinal, blue jay, and hummingbird.
Brought to you by
Investing in the Next Generation of Bench JewelersThe Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.
Policies & IssuesAug 06, 2025
Tariff on India to Rise to 50%, Trump Says An additional 25 percent tariff has been added to the previously announced 25 percent.
IndependentsAug 06, 2025
Smith & Son Jewelers to Close 107-Year-Old Location Its Springfield, Massachusetts, store is set to close as owner Andrew Smith heads into retirement.
CollectionsAug 06, 2025
Zahn-Z Swims With Whales in ‘Beluga’ CollectionDesigner Hiba Husayni looked to the whale’s melon shaped-head, blowhole, and fluke for her new chunky gold offerings.
TrendsAug 06, 2025
Paola De Luca to Release Trendbook 2027+She will present the 23rd edition of the trend forecasting book at Vicenzaoro on Sept. 7.
CrimeAug 05, 2025
Report: Suspect Arrested in 1992 Murder of Miami JewelerOmar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.
CollectionsAug 05, 2025
Mignon Faget Commemorates 20th Anniversary of Hurricane KatrinaThe New Orleans-based brand’s “Beyond Katrina” jewels honor the communities affected by the storm.
ColumnistsAug 05, 2025
The PR Adviser: Affiliate Marketing Is the Cost of CoverageLilian Raji explains why joining an affiliate network is essential for brands seeking placements in U.S. consumer publications.
Events & AwardsAug 05, 2025
JA Announces Seymour & Evelyn Holtzman Bench Scholarship WinnersThe organization has awarded a total of $42,000 through its scholarship programs this year.
Events & AwardsAug 04, 2025
Gem Awards, David Yurman Introduce $50K Grant for Emerging DesignersThe winner of the inaugural David Yurman Gem Awards Grant will be announced live at the 2026 Gem Awards gala.
TrendsAug 04, 2025
Amanda’s Style File: August’s Bright BaublesAs summer winds down, celebrate the sunny disposition of the month’s birthstones: peridot and spinel.
CrimeAug 04, 2025
‘The Watch King’ Assaulted, Robbed in QueensMoshe Haimoff, a social media personality and 47th Street retailer, was robbed of $559,000 worth of jewelry by men in construction outfits.
MajorsAug 01, 2025
Helzberg President Julie Yoakum Moves Over to Signet JewelersThe addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.
MajorsAug 01, 2025
Jewelers Mutual Names Mike Alexander as President The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
SourcingAug 01, 2025
Gemfields’ Auction Revenue Drops 50% in H1The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.
CollectionsAug 01, 2025
Piece of the Week: Hernsdorf’s ‘Tears of Aphrodite’ NecklaceThe necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.
SourcingJul 31, 2025
De Beers Records $189M First-Half Loss The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.
Events & AwardsJul 31, 2025
These Are the 2025 CASE Award WinnersJewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.
IndependentsJul 31, 2025
Matthew Tratner Takes Over as CBG President Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.
Policies & IssuesJul 30, 2025
Tariff on India Will Be 25%, Trump Says The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.
