Peggy Grosz announced she has left Assael, where she was senior vice president and creative director, and said in a statement that her departure follows a “recent sale” of the venerable pearl company.
Assael has not announced or confirmed the sale, but JCK has learned that the buyer, an investment fund, does not want its name to be made public yet.
Grosz had been with the company since 2017. She took over its business operations in 2022, after the death of CEO Christina Lang Assael.
Grosz said in her statement that she plans to take a short break and then will work on new designs and product development.
(Photo courtesy of Peggy Grosz)
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