David Yurman Appoints New President

RAPAPORT... Carol Pennelli has been appointed president of US-basedluxury jeweler David Yurman, where she will be responsible for everything exceptdesign and creative functions, the company said Tuesday. Pennelli (pictured) has worked at David Yurman for 15 years, mostrecently as chief commercial officer. "Carol has been critical to our business's growth across allcommerce points, and has a unique and deep understanding of our brand," saidCEO David Yurman, to whom Pennelli will report. "We are well positioned forgrowth under her leadership, and I look forward to continuing working withCarol to achieve greater success." Prior to joining David Yurman, Pennelli was senior vicepresident of sales, education and global special events at Bobbi BrownCosmetics.Image: Billy Farrell/Patrick McMullen via Getty Images