Holmberg Named President of Peoples

June 9, 1999

Holmberg Named President of Peoples

Zale Corp. appointed David Holmberg president of the Canadian jewelry chain Peoples Jewellers, which Zale recently acquired for $75.5 million.

Holmberg started with Zale in Dallas, TX, in 1994 as senior vice president of store operations for the Zales Division and was promoted to executive vice president of store operations in 1998. He was instrumental in creating a "selling culture" in Zales Jewelers stores, says Zale President and COO Beryl Raff. Before joining Zale, Holmberg was vice president and head of store operations for Reeds Jewelers.

Zale now operates 1,315 jewelry stores in the U.S., Canada and Puerto Rico under the names Zales Jewelers, Zales Outlet, Gordon's Jewelers, Bailey Banks & Biddle Fine Jewelers and Peoples Jewellers of Canada.

- by Stacey King