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Former Krementz CEO Ted Bonsignore Dies

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Theodore “Ted” Bonsignore, who served as president and CEO of Krementz & Co. from 1990 to 1997, died on May 7. He was 77.

Born in Lodi, N.J., Bonsignore was a lifelong resident of the Garden State. After graduating Fairleigh Dickinson University, he got his CPA degree and joined prominent accounting firm KPMG.

In 1975, Bonsignore was hired as comptroller of Krementz & Co., at the time one of America’s largest jewelry manufacturers. He was eventually promoted to chief financial officer, and in 1990 became the company’s president and CEO. In 1997, he sold the business on behalf of the Krementz family to the Colibri Group. The next year, he began a consulting firm.

Bonsignore served as chairman and a longtime board member of the Jewelers Board of Trade, and was a member of the 24 Karat Club of the City of New York.

He is survived by Barbara, his wife of 54 years; sons Craig and Kyle; and grandchildren Samuel, Evan, Jason, and Savannah.

In lieu of flowers, the family requests donations be made to Associated Humane Societies‘ Popcorn Park animal refuge.

An online obituary can be read here.

(Photo from LinkedIn)

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By: Rob Bates

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