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Signet Hires New Financial Chief

Retailer also merges leadership teams for Kay, Zales and Peoples.
Mar 13, 2019 11:13 AM   By Rapaport News
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RAPAPORT... Signet Jewelers has appointed Joan Hilson chief financial officer, as part of an effort to strengthen its leadership team.

The former David’s Bridal executive — who also managed finances for American Eagle Outfitters and Victoria’s Secret — will begin at the company on April 4. The outgoing chief financial officer, Michele Santana, will continue in her role until then, and will remain with the company through the end of April to assist with the transition, Signet said Wednesday.

“[Joan] is an accomplished retail executive with extensive financial and operational experience,” Signet CEO Gina Drosos said. “I am confident that Signet will benefit from her transformational experiences and perspective, as we accelerate our Path to Brilliance transformation efforts.”

Signet launched its three-year transformation, the Path to Brilliance program, in March 2017 to realign the company with consumer demand following weak sales.

As part of the initiative, Signet will implement a new organizational structure that will combine the leadership of its Kay, Zales and Peoples banners into one team, it said last year.

That team includes Jamie Singleton, who has been promoted from executive vice president of Zales and Peoples to president of Kay, Zales and Peoples. Her responsibilities include merchandising, marketing and e-commerce for those banners.

Bill Luth, a 30-year Signet veteran, will move from his role as executive vice president of Kay to executive vice president of global store operations, while Kecia Caffie, general merchandise manager of Piercing Pagoda, will become senior vice president for the brand. All three will report to Signet’s president, Seb Hobbs.

“[The new roles] add significant capability to our core merchandising, marketing and store operations,” Drosos added. “This is the key to accelerating our customer-first strategy in year two of our Path to Brilliance transformation.”

Image: Joan Hilson. (Bright Pink)
Tags: Bill Luth, David’s Bridal, Gina Drosos, Jamie Singleton, Joan Hilson, kay, Kecia Caffie, Michele Santana, Path to Brilliance, peoples, Piercing Pagoda, Rapaport News, Seb Hobbs., Signet, Signet Jewelers, zales
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