
Signet’s reorganization, which aims to reduce senior leadership by 30%, has led at least four top executives to leave the company.
Among the departures announced yesterday: president and chief consumer officer Jamie Singleton; chief digital officer Rebecca Wooters; Kay Jewelers president Bill Brace; and executive director of store operations Bill Luth.
Singleton’s and Wooters’ exits were announced in a 10-K filed on Wednesday, and the company has confirmed that Brace and Luth are also leaving.
Singleton will stay in her current role, which she’s held since early 2023, until March 31, though she may remain a full-time non-executive employee to provide support through a short transitional period, the filing said. She has been in the jewelry industry since 2012, when she joined Piercing Pagoda as senior vice president and general manager.
Wooters’ last day at Signet is Friday, March 21. She is leaving to seek other opportunities, according to an internal communication. Wooters joined the company in 2020, as its first-ever chief digital officer.
Brace will retire tomorrow. He became president of Kay in 2023, after joining Signet in 2018 as president of Jared and the parent company’s chief marketing officer.
Luth has worked at Signet for 37 years, and run its global store operations since 2019. No last day has been set for Luth, as he will help transition store operations to the brand leaders, the company said.
In the internal communication, Signet CEO J.K. Symancyk said, “These decisions are the right thing to do for our company, but they are not made easily. For some on our executive team and within our company, [our new strategy will mean] great leaders deciding to retire from Signet or moving on from the company to find their next steps. I cannot thank them enough for their contributions and the passion they have brought to our company, our team, our customers, and our industry to help us advance to where we are today.”
Top: The interior of a Kay Jewelers store (photo courtesy of Signet Jewelers)
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