Tacori has named Paul Tacorian as its new CEO, and it has also named a new chief operating officer and a new chairman.
With Tacorian’s appointment, the company now has a second-generation family member at the helm.
Tacorian’s sister, Nadine Tacorian Arzerounian, will serve as COO, leading the company’s design vision.
Haig Tacorian will assume the role of chairman and will continue to serve on the board.
“This is a natural evolution in our company, and the result of diligent succession planning and execution of our Mission and Vision,” said Haig Tacorian, who established the company with his wife, Gilda, after he relocated to California from Europe in 1969.
“We’ve selected very strong leaders to innovate and lead the Company through today’s rapidly disruptive markets. I couldn’t be more proud of my children, Paul and Nadine. With their individual strengths, they are impressive; as a team, they are unstoppable.”
Haig Tacorian had been CEO, with Paul Tacorian as president of sales and marketing and Nadine Tacorian Arzerounian as president of design and operations.
Paul Tacorian joined the company in 1997 as director of marketing.
The company said in a press release: "Some of his first efforts with TV shows such as The Bachelor, The Bachelorette and The Today Show, transformed the business and put the TACORI name alongside other legacy jewelry companies like Neil Lane, Harry Winston and Tiffany & Co."
Nadine Tacorian Arzerounian joined in 1999 as director of production.