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C.D. Peacock enters expansive growth period with management team change-up

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C.D. Peacock has changed-up its management team, promoting Olivier Stip to President and welcoming Adam Woitkowski as the company’s first Vice President of Retail.

Chicago’s first business and the city’s oldest jeweler, has made the changes as it eyes expansion and enters an expansive stage of growth and development in the greater Chicago market.

Olivier Stip, who joined C.D. Peacock in May 2022 as Chief Development Officer, has been promoted to the position of President, reporting directly to Steven Holtzman, Vice Chairman.

Stip started his C.D. Peacock tenure by accelerating the development of the new 20,000-sqft flagship store, opening June 2023.

Cdpeacock mansion fall 2022 oakbrookcenter
The Mansion will open next year.

Reflecting on his role, Stip explained: “The past four months allowed me to appreciate how deeply C.D. Peacock is rooted in Chicago’s history and culture,” says Olivier Stip.

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“Our long-standing partnership with the most iconic watch brands is stronger than ever, and we have an ambitious plan to further develop our jewelry business by introducing new C.D. Peacock bridal and fine jewelry collections as early as 2023.”

The business says Stip’s new appointment as President illustrates the Holtzman family’s focus on positioning C.D. Peacock as a premier retailer while refreshing the company’s image through a complete rebranding which will be rolled out in early 2023.

To support the initiatives, C.D. Peacock has named Adam Woitkowski to the newly created position of Vice President of Retail.

Woitkowski will lead C.D. Peacock’s three stores and increase the focus on client development, experience and service.

He brings a wealth of retail and client expertise acquired at prestigious companies such as Chanel and Saks Fifth Avenue, as well as large specialized retail chains Target and Home Depot.

On the future of C.D. Peacock, Steven Holtzman commented: “We’re in a unique position to be reimagining Chicago’s oldest retailer, during our 185th anniversary, with a team so expertly versed in brand building.

“When considering a combination of Olivier Stip’s background with Chanel and Cartier, Adam Woitkowski’s blended experiences at ultra-luxury and big box retailers, and my experience in the luxury watch business, our collective expertise gives us the capacity to transform the store’s culture as C.D. Peacock enters its expansion phase.  This won’t look or feel like your typical American jewelry store.”

Click here to find out more about C.D. Peacock.

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