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Bermuda's Signet Jeweler terminates 2 executives

Bermuda-based jeweler Signet Jewelers Ltd. said Feb. 5 that Chief Human Resources Officer Steven Becker and Chief Retail Insights and Strategy Officer George Murray will be terminated from the company, effective May 5.

The two executives will enter a separation and release agreement with Signet and will receive continued payments of their base salaries for 12 months following the effective date and the bonus each would have received in the fiscal year. They will also be subject to noncompetition and nonsolicitation restrictions for one year after the termination date.