Charles & Colvard Ltd. appointed Jaqui Lividini and Suzanne Miglucci to serve on the company's Board of Directors, effective August 18, 2015. The addition of Ms. Lividini and Ms. Miglucci brings the total number of Board members to seven, six of whom are independent. In addition, the Board appointed Ms. Lividini to the Board's Nominating and Governance Committee and Ms. Miglucci to the Board's Compensation Committee.

Ms. Lividini brings years of brand marketing experience in the fashion, retail and luxury industries to the company. Ms. Miglucci has an extensive marketing background working with public and private technology companies, particularly with global footprints.