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Signet Jewelers Limited
13 April 2010
Signet Jewelers Limited (NYSE and LSE: SIG) Embargoed until 7.30 a.m. (EDT)
April 13, 2010
Signet Appoints Ronald Ristau as Chief Financial Officer
Hamilton, Bermuda, April 13, 2010 - Signet Jewelers Ltd ("Signet") today announced that it has appointed Ronald ("Ron")
Ristau as Chief Financial Officer ("CFO") with effect from June 26, 2010. He will join Signet on April 15, 2010 as
Chief
Financial Officer Designate and will be based in Akron, Ohio. He succeeds Walker Boyd who retires, as previously
announced, on June 25, 2010.
Mr Ristau spent ten years with New York & Company, Inc. (a specialty retailer of women's apparel) and its
predecessors,
from 1998, most recently as President, CFO and Director. He was responsible for Accounting, Financial Planning,
Treasury,
Information Technology, Real Estate, Technical Services, General Counsel, Merchandise Planning and Allocation, and
Sourcing
and Distribution. He was a leader in the private equity and management buy-out of the company from The Limited, Inc. in
2002 and played a leading role in its subsequent initial public offering on the New York Stock Exchange in 2004. He has
also held posts at Revlon, Inc., Playtex International, United Technologies Corporation and Peat, Marwick Mitchell &
Co.
Mr Ristau is a Certified Public Accountant, and earned his MBA from the Fuqua School of Business, Duke University and
BBA
from Roanoke College.
Terry Burman, Chief Executive, commented: "We are delighted to have recruited such a strong candidate as Ron to be
Signet's
CFO. His detailed hands-on retail experience, as well as his time as the CFO of a NYSE listed company, means he brings
valuable experience to Signet."
Ron Ristau commented: "Signet is a great company that has established itself as one of the leading retailers in both the
US
and the UK. It has succeeded by focusing on the basic retail disciplines, and has a great culture of excellence in
execution and continuous improvement. I very much look forward to working with everyone at Signet."
Enquiries: Terry Burman, Chief Executive, Signet Jewelers +1 441 296 5872
Tim Jackson, Investor Relations Director +1 441 296 5872
Press: Alecia Pulman, ICR, Inc. +1203 682 8224
Jonathan Glass, Brunswick +44 (0)20 7404 5959
+1203 682 8224
Jonathan Glass, Brunswick
+44 (0)20 7404 5959
Signet operated 1,913 specialty retail jewelry stores at January 30, 2010; these included 1,361 stores in the US, where
it
trades as "Kay Jewelers", "Jared The Galleria Of Jewelry", and under a number of regional names. At that date Signet
operated 552 stores in the UK, where it trades as "H.Samuel", "Ernest Jones", and "Leslie Davis". Further information
on
Signet is available atwww.signetjewelers.com. See also www.kay.com, www.jared.com, www.hsamuel.co.uk and
www.ernestjones.co.uk.
This release includes statements which are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements, based upon management's beliefs as well as on assumptions made by and
data currently available to management, appear in a number of places throughout this release and include statements
regarding, among other things, our results of operation, financial condition, liquidity, prospects, growth, strategies
and
the industry in which Signet operates. The use of the words 'expects,' 'intends,' 'anticipates,' 'estimates,'
'predicts,'
'believes,' 'should,' 'potential,' 'may,' 'forecast,' 'objective,' 'plan,' or 'target,' and other similar expressions
are
intended to identify forward-looking statements.
These forward-looking statements are not guarantees of future performance and are subject to a number of risks and
uncertainties, including but not limited to general economic conditions, the merchandising, pricing and inventory
policies
followed by Signet, the reputation of the Company and its brands, the level of competition in the jewelry sector, the
cost
and availability of diamonds, gold and other precious metals, regulations relating to consumer credit, seasonality of
Signet's business, and financial market risks.
For a discussion of these and other risks and uncertainties which could cause actual results to differ materially, see
the
"Risk Factors" section of the Company's fiscal 2010 Annual Report on Form 10-K filed with the U.S. Securities and
Exchange
Commission on March 30, 2010 and other filings made by the Company with the Commission. Actual results may differ
materially from those anticipated in such forward-looking statements even if experience or future changes make it clear
that any projected results expressed or implied therein may not be realized. The Company undertakes no obligation to
update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by
law.
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