Signet UK CEO to leave business at end of month

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Rob Anderson to leave after 13 years; commercial director promoted.

Signet UK’s chief executive Rob Anderson has announced plans to leave the company at the end of July.

Anderson has worked for Signet UK for 13 years becoming chief executive of Signet’s UK division in January 2003 after holding the role of chief operating officer at Signet UK for three years. Anderson spent 19 years prior to Signet working in various roles at Marks & Spencer.

While no immediate successor has been announced for Anderson, Signet UK’s commercial director Sebastian Hobbs has been promoted to the new position of managing director for the UK, effective immediately. Hobbs will report to Signet Group chief executive Mike Barnes.

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Barnes said: "I am pleased to announce the promotion of Seb to managing director of our UK division. Seb has made important contributions to our UK division and we believe his experience in UK retailing and strategy make him a perfect fit for this role. I also want to thank Rob Anderson for his 13 years of dedicated service to Signet’s UK division."

Hobbs joined Signet’s UK division as commercial director in March 2011. From November 2006 to March 2011, he was group commercial director of Blacks Leisure Group. Before that, Hobbs was trading controller for WH Smith, a retail consultant for KPMG, and held management positions at Mothercare and British Home Stores.

The Signet business includes H Samuel and Ernest Jones stores in the UK. It its Q1 results Signet described strong bridal sales at Ernest Jones, though its. Overall Signet Group sales in the UK in the 13 weeks to May 4 2013 dropped 9.1% to US$135 million (£89.6m). Same store sales fell 2.3% against a rise of 1.2% in the first quarter of its fiscal year 2013.
 

 

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