Charles & Colvard Appoints Nanci Kirczow and Jessica Lesesky. Kirczow

10/30/17

RESEARCH TRIANGLE PARK, N.C., Oct. 30, 2017 (GLOBE NEWSWIRE) -- Charles & Colvard, Ltd. (NASDAQ:CTHR), the original and leading worldwide source of created moissanite, today announced the addition of two new sales executives, Nanci Kirczow and Jessica Lesesky. Kirczow is the new vice president of sales for traditional channels, focusing on growing business across wholesale, retail and television customers. Lesesky is the vice president of sales for online channels, leading the company’s online domestic and international expansion through new dropship partners, pure-play online retailers and marketplaces such as Amazon and eBay.

Kirczow and Lesesky report to Tom Bergan, who was recently promoted to senior vice president of sales following his three-year tenure as Charles & Colvard’s vice president of e-commerce and sales. In this new role, Bergan oversees all revenue generating activities for the company including the development and execution of a global omni-channel sales strategy that aligns with the company’s growth plan.

Kirczow brings more than 20 years of sales experience in luxury goods to the company. An accomplished industry professional, Kirczow most recently held the position of national sales director for Gemfields, the leading supplier of responsibly sourced colored gemstones, in New York City. Prior to joining Gemfields, she held various leadership positions at Swarovski, David Yurman and Thomas Sabo.

Lesesky, an e-commerce and marketplaces expert, has extensive knowledge in the e-commerce fashion space. With over 13 years in the e-commerce industry, Lesesky has held several senior leadership positions focused on revenue, marketing and business development at Assurant, RetailMeNot and Barnes & Noble. She also spent a number of years at eBay as the vertical account lead in fashion, in which she was responsible for driving fashion category growth among the largest brands, retailers and B2C sellers on eBay.

“Nanci Kirczow and Jessica Lesesky bring a wealth of sales and leadership experience to the organization, and we’re thrilled they have joined our team,” said Bergan. “Their expertise will drive our business forward as we continue to build momentum with dynamic product innovation, expand our reach into international markets and foster strong partner growth. Most importantly, they believe in our product and recognize the opportunity and value moissanite presents to today’s fine jewelry consumer.”

Moissanite is the world’s most brilliant gem and is among the hardest minerals on the earth—more durable than sapphire, ruby or emerald. Through more than 20 years of innovation, experts at Charles & Colvard have recreated moissanite in a lab to deliver an artfully crafted, socially responsible and eternally brilliant gemstone. Every Forever One gem comes with a limited lifetime warranty that protects against damage to the stone and any changes in color, clarity or brilliance.

For more information on Charles & Colvard, please visit www.charlesandcolvard.com/about-us.

About Charles & Colvard, Ltd.

Charles & Colvard, Ltd., based in the Research Triangle Park area of North Carolina, is the original creator and leading source of Forever One™, Forever Brilliant® and Forever Classic™ moissanite gemstones for fine jewelry. Moissanite is unique, available in three color grades (colorless, near-colorless and faint color) and produced from silicon carbide (SiC) crystals. Charles & Colvard Created Moissanite® is sold with a Limited Lifetime Warranty to wholesale distributors, manufacturers, retailers, TV shopping networks, and designers as loose stones or set in a wide variety of quality metal setting options. Charles & Colvard, Ltd. also sells direct to consumers through its wholly owned operating subsidiary, charlesandcolvard.com, LLC and through third-party marketplaces. Charles & Colvard, Ltd.’s common stock is listed on the NASDAQ Global Select Market under the symbol “CTHR.” For more information, please visit www.charlesandcolvard.com.

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