Press Releases

Smyth Jewelers Appoints New CFO

Published

7 years ago

September 29, 2016

INSTORE Staff

Robert Yanega has been named chief financial officer of Smyth Jewelers.

(Press Release)
BALTIMORE, MD – Smyth Jewelers announced the appointment of Robert Yanega as chief financial officer.

Yanega joined the company in 2003 and has held various operational and administrative roles during his tenure.

Prior to his latest appointment, Yanega bolstered Smyth’s financial strategy helping to foster a new banking relationship and catalyzed the profitable sale of subsidiaries. In his new position, he will lead and manage all fiscal matters and provide tactical counsel for Smyth’s sustained growth and development.

“Robert was a natural fit for this executive position,” said Tom Smyth, president of Smyth Jewelers. “For more than a decade, he has laid the groundwork to become a leading adviser to Smyth Jewelers, and we have every confidence that he will continue to keep our company financially fit and poised to prosper.”

Yanega holds a B.A. from Franklin & Marshall College in Lancaster, PA, and a master’s degree in accounting from the University of Phoenix. He has been a Baltimore resident since 2000.

Established in 1914, Smyth Jewelers operates three Maryland showrooms in Timonium, Annapolis and Ellicott City.

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”