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Garrard, Stephen Webster name new top exec

April 29, 2008

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London—Industry veteran Terri Eagle has been named president and chief executive officer of the corporate parent of Garrard Holdings Ltd. and Stephen Webster Ltd., and will hold direct oversight over both businesses.

Eagle most recently served as president and CEO of John Hardy USA. Previously, from 1998 to 2005, she held several senior management positions at David Yurman, including chief operating officer.

In her new role, Eagle will be responsible for the day-to-day operations of both Garrard and Stephen Webster. Her priorities will include accelerating wholesale and franchise sales growth, opening new retail locations and leveraging Garrard's heritage as Crown Jeweler to the British royal family, as well as Stephen Webster's international reputation as "jeweler to the stars."

Eagle will be based in New York and will report to the board of directors for Garrard and Stephen Webster's holding company.

"Both Stephen Webster and Garrard are extremely fortunate to have someone of Terri's caliber join our team in a leadership capacity," Stephen Webster, creative director of Stephen Webster, said in a media release. "She has an incredible track record of brand building and working successfully with many of our existing retail partners to grow their businesses."

In the release, Eagle spoke of the brands as "iconic" and as having "enormous expansion potential in Europe, North America, Asia and the Middle East."

"We believe there are several promising growth opportunities on the horizon," she said.

Garrard currently has 17 points of sale, including its London flagship, U.S. flagship in Beverly Hills, Calif., and franchise locations in the Middle East, Russia and South Korea. Stephen Webster has more than 70 points of sale worldwide, including franchise accounts in Dubai, United Arab Emirates; Hong Kong; Japan; Russia; South Korea; the United Kingdom; and the United States.
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