David Yurman Names Carol Pennelli to President

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Mar 20, 2018, 06:32 ET

NEW YORK, March 20, 2018 /PRNewswire/ -- David Yurman, the premier American luxury jewelry brand, today announced the appointment of Carol Pennelli to President of David Yurman, effective immediately. Ms. Pennelli will oversee all functions outside of design and creative, and will report directly to David Yurman, cofounder, chairman and CEO of the brand.

(Photo by BILLY FARRELL/Patrick McMullan via Getty Images)

"Since Carol joined our company over fifteen years ago, we have transformed from a wholesale company to a dynamic global omni-channel organization," said Mr. Yurman. "Carol has been critical to our business's growth across all commerce points, and has a unique and deep understanding of our brand. We are well-positioned for growth under her leadership, and I look forward to continuing working with Carol to achieve greater success."

Ms. Pennelli has served David Yurman for over 15 years, most recently as Chief Commercial Officer where she oversaw all aspects of David Yurman's commercial channels, profit & loss, and general performance including retail, wholesale and digital businesses. Prior to joining David Yurman, she served as Senior Vice President of sales, education, and global special events at Bobbi Brown Cosmetics.

"I am honored for the opportunity to be at the helm of David Yurman as this dynamic American brand evolves into a truly global organization," says Carol Pennelli, President, David Yurman. "Working closely with David, Sybil and Evan, I look forward to fostering an environment that seamlessly unites functions, while elevating the innovative and entrepreneurial DNA of David Yurman."

ABOUT DAVID YURMAN:
David Yurman is the premier American luxury jewelry brand with a mission to share in life's exceptional moments. Founded by two artists, David and Sybil Yurman, in New York in 1980, artistic inspiration, craftsmanship and unconventional yet elegant designs are at the core of the brand. The marriage of David's background in sculpture with Sybil's natural understanding of color and art yields signature jewelry designs; diamond, pearl, and gemstone jewelry and Swiss-crafted timepieces that are renowned for capturing the essence of relaxed American luxury. David Yurman collections are available at 47 retail and concession locations throughout the United States, Canada, and France and at over 350 locations worldwide, through their exclusive authorized fine jewelry and timepiece network of retailers, including in the US, Canada, Mexico, the Caribbean, UK, Russia and the Middle East.