Glen Senk to pursue new interests after building management team.
US luxury jeweller David Yurman has announced that its chief executive of two years Glen Senk has resigned, with plans to pursue other interests.
Senk joined David Yurman in January 2011 having left his role as chief executive of fashion retailer Urban Outfitters. His role at the jeweller is due to be fulfilled by the brand’s eponymous founder David Yurman.
A statement from David Yurman read: "I brought Glen in two years ago to help us build a world-class management team, and he has done an outstanding job. Part of our success has always been a direct result of our family’s involvement in the management and creative direction of the company, and I look forward to working closely with our exceptional team to help David Yurman, Inc., grow even further.”
It is understood that Senk had recruited a management team for David Yurman featuring individuals from LVMH and fashion and lifestyle retailer Anthropologie, as well as former Goldman Sachs retail analyst Adrianne Shapira, who became its chief financial officer. According to JCK, this had fuelled anticipation that the company was about to launch an IPO.