Signet Jewelers Chief Operating Officer (COO) Bryan Morgan resigned on June 2 last due to “violations of company policy unrelated to financial matters”, the company said in a filing with the US Securities and Exchange Commission (SEC).
No further details were forthcoming at the time of reporting. Signet operates approximately 3,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared The Galleria Of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda.
Morgan had been promoted to the post of COO, reporting directly to CEO Mark Light, in only January this year from his previous position of Executive Vice President, Supply Chain Management and Repair.
At that time, Light said in a statement, “The ongoing modernisation of Signet’s IT systems is critical to meeting increasing consumer demand and supporting an exceptional online shopping experience. Bryan will be responsible for working closely with our Chief Information Officer to deliver against our IT systems objectives.”
He added that Morgan would also lead Signet’s transformational initiatives and operational efficiency objectives, in addition to his current responsibilities for the expansion and harmonisation of Signet’s international distribution centres and logistics, implementing enhancements to customer repair procedures, and continuously improving the Company’s strategic procurement processes.
https://www.gemkonnect.com/news/signet-coo-morgan-resigns-due-violating-company-policy