James Avery Picks Non-Family Member as CEO

RAPAPORT... James Avery Artisan Jewelry has named John McCullough as CEO- the first non-family member to lead the Texas-based retailer. McCullough, who was previously chief operating officer (COO),succeeds Chris Avery, who has been CEO since September 2007 and willstay on as chairman. James Avery will remain under private ownership, and willnot explore a public stock offering or a sale, the company said in a statementFriday. Avery family members will continue to be involved in day-to-dayoperations, it added, noting that Lindsey Avery Tognietti, thegranddaughter of founder James Avery, serves as manager of strategicinitiatives. "I am dedicated to building on the strong foundation laid byMr. Avery, Chris, and the rest of the family," McCullough said. Chief financial officer Paul Zipp will take on the COOresponsibilities, while the company has also promoted Karina Dolgin to chiefproduct and revenue officer. James Avery operates 91 stores in five states, and has afurther 220 retail locations at Dillard's department stores, as well as twoairport shops. The new positions went into effect on Friday. Image: John McCullough. (James Avery Artisan Jewelry)