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Signet Jewelers ( (SIG) ) has shared an announcement.
After twelve years with Signet Jewelers Limited, CEO Virginia “Gina” C. Drosos plans to retire on November 4, 2024, and J.K. Symancyk will take over as CEO and join the Board. Symancyk, with 30 years in retail and leadership roles at PetSmart and Academy Sports + Outdoors, has a robust background for his new position. Meanwhile, Joan Hilson’s role will expand to Chief Financial and Operating Officer, supervising supply chain and digital teams in addition to finance and strategy. The company also announced retention awards for key executives to ensure stability through the transition. The succession is part of a long-term strategy to maintain Signet’s market position and drive future growth.
For detailed information about SIG stock, go to TipRanks’ Stock Analysis page.