George R. Cattermole Not to Stand for Re-Election to Board of Charles & Colvard, Ltd
March 22, 2016 at 01:43 am IST
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On March 15, 2016, George R. Cattermole, a member of the Board of Directors of Charles & Colvard Ltd., notified the company that he is retiring and will not stand for re-election to the Board at the company's upcoming Annual Meeting of Shareholders. Mr. Cattermole will continue to serve on the Board until the company's Annual Meeting of Shareholders in May.
Charles & Colvard, Ltd. is a fine jewelry company that specializes in moissanite and lab grown diamonds. The Company operates through two segments: Online Channels and Traditional. The Online Channels segment consists of e-commerce outlets, including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets. The Traditional segment consists of wholesale and retail customers, including its own Charles & Colvard Signature Showroom and charlesandcolvarddirect.com. The Company manufactures, markets, and distributes Charles & Colvard Created Moissanite and finished jewelry featuring moissanite, including Forever One, the Companyâs premium moissanite gemstone brand, for sale in the worldwide fine jewelry market. The Company also markets and distributes Caydia lab grown diamonds and finished jewelry featuring lab grown diamonds for sale in the worldwide fine jewelry market.
CHARLES & COLVARD, LTD. 
