Signet is aiming for full gender parity among its corporate leadership.
The US jeweler already has a female CEO, and women account for 42 per cent of its board of directors, 50 per cent of its leadership team and 40 per cent of those holding the title vice president and above.
It is joining the Paradigm for Parity coalition, which is committed to all women and men having equal power, status, and opportunity by 2030. Coca-Cola, Hershey, Linkedin, Merck, Sodexo and Walmart are among the 130 members who have already signed up to the coalition’s five-point action plan.
Signet is the biggest retail jeweler in the US, parent company of Kay Jewelers, Zales, Jared, H. Samuel, Ernest Jones, Peoples, Piercing Pagoda, Rocksbox and JamesAllen.com, with a total of almost 2,400 stores.
CEO Virginia C. Drosos (pictured) said: “Our involvement with Paradigm for Parity and the coalition’s 5-Point Action Plan gives us a strong roadmap to build on these efforts to ensure gender equality across our team and within our sphere of influence with our business partners today and into the future.”