Sterling's Executive Vice President Bob Trabucco Receives "CFO of The Year" Award

AKRON, Ohio, Oct. 27, 2011 /PRNewswire/ -- Sterling Jewelers Inc. announced today that Bob Trabucco, Executive Vice President and Chief Financial Officer, was recognized by Crain's Cleveland Business with the CFO of the Year Award in the "Medium-Sized Public Company, Retail Category."

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Crain's CFO of the Year Awards honor top financial officers for their outstanding fiscal leadership and asset management.  According to Crain's, "...emerging from the deepest recession in a generation, recommendations from today's chief financial executives have taken on greater weight in corporate strategy and direction."  Nominations were judged by an independent panel of financial professionals.  Consideration was given to the CFO's contributions to their company's overall growth, commitment to good ethics, effective reporting and involvement in the community.

Bob joined Akron-based Sterling Jewelers Inc. in 2003 and his areas of responsibility include finance and treasury, taxes, legal and compliance, loss prevention, credit operations and recovery services.

"Bob's leadership is the guiding force in continuously improving the company's financial processes, reporting and initiative-driven results," said Mark Light, Sterling's President and CEO. "Bob promotes teamwork and collaboration while challenging his teams to reach higher goals by providing insight as emerging issues are identified, and expectations can be set for the business," Light added.

About Sterling Jewelers Inc.

Akron, Ohio-based Sterling Jewelers Inc. operates more than 1,345 stores in all 50 states trading as "Kay Jewelers," "Jared the Galleria of Jewelry" and a variety of regional names, employing more than 17,000 associates. Kay Jewelers is the number one-specialty jewelry brand in the U.S. As a subsidiary of the Bermuda-domiciled Signet Jewelers Limited, Sterling Jewelers Inc. is part of the largest specialty retail jeweler in the world.

About Crain's Cleveland Business  

Founded on March 31, 1980, Crain's Cleveland Business is a weekly newspaper published and owned by Crain Communications Inc. The paper has a circulation of over 20,000 readers and contains articles and columns related to state and local business news. The paper serves seven counties within the Northeast Ohio area.

SOURCE Sterling Jewelers Inc.