Signet Jewelers down; CEO to retire in November

Signet Jewelers

01/10/2024 14:51

** Shares of diamond retailer Signet Jewelers  SIG.N  fall
as much as 5.7% to $97.25 in early trade
    ** Signet says Virginia Drosos will retire as CEO in
November after 12 years with the company, out of which seven
years as CEO
    ** Drosos to be replaced by JK Symancyk, former CEO of
PetSmart
    ** Also says CFO Joan Hilson to now serve as chief
financial, strategy and services officer, overseeing supply
chain and Blue Nile and James Allen brands
    ** Hilson has been Signet's CFO since 2019 
    ** Up to Monday's close, stock had fallen 3.8% YTD

 (Reporting by Neil J Kanatt and Juveria Tabassum in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))