Signet U.K. CEO to Step Down

Signet Jewelers has announced that Rob Anderson, CEO of Signet’s U.K. division, will leave the company at the end of July.

Sebastian Hobbs has been promoted to the new position of managing director for the U.K. division, effective immediately.

“Seb has made important contributions to our U.K. division, and we believe his experience in U.K. retailing and strategy make him a perfect fit for this role,” said Signet CEO Mike Barnes in a statement. “I also want to thank Rob Anderson for his 13 years of dedicated service.”

Hobbs joined Signet’s U.K. division as commercial director in March 2011.