Akron, Ohio—Signet Jewelers Ltd. has announced the appointment of Helen McCluskey as its incoming board chair, succeeding H. Todd Stitzer, who will conclude his 12-year term in June. This transition will take effect following the company’s upcoming annual general meeting.
Reflecting on his tenure, Stitzer expressed gratitude for the opportunity to serve on the board of the renowned jewelry retailer for over a decade. “As my term as chair draws to a close, I am struck by the significant strides we have made—reshaping the company’s culture from within, navigating through unprecedented challenges such as the pandemic, and modernizing Signet’s prominent consumer-facing banners. I am immensely proud of the collective progress we have achieved and eagerly anticipate the future,” he remarked.
Gina Drosos, CEO of Signet Jewelers, commended Stitzer for his invaluable contributions, stating, “His trusted guidance, steadfast support, and astute counsel have been instrumental to Signet throughout his tenure.” She further conveyed the board’s appreciation for Stitzer’s leadership and strategic vision, underscoring his pivotal role in the company’s evolution into a purpose-driven organization with a robust financial standing.
Under Stitzer’s leadership, Signet Jewelers witnessed notable achievements, including the distribution of over $3.5 billion to shareholders, a threefold increase in liquidity, and a remarkable shareholder return of 183 percent, surpassing the median of its peer group by more than threefold, as highlighted by Drosos.