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Signet appoints new CEO to replace Mark Light

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Signet Jewelers has announced Virginia C. Drosos as its new CEO.

Drosos previously served as an independent director of the company’s board since 2012 and will take up the new role on 1 August 2017.

This news comes as Mark Light, who has served as CEO of Signet since 2014, has decided to retire after more than 35 years with the company due to health reasons.

Drosos said: “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.

“Signet is well positioned to continue to drive its unprecedented leadership in diamond jewelry and expand its market share in growing categories, such as fashion jewellery.”

She added: “I am committed to successfully executing our strategic priorities as we continue to transform Signet to become a more innovative, digital-first and data-driven retailer focused on delivering an outstanding OmniChannel experience to customers.”

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