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Goldman Analyst Headed to David Yurman

A Goldman Sachs analyst is headed to the jewelry company David Yurman to be its chief financial officer.

The analyst, Adrianne Shapira, a Goldman managing director, spent 13 years at the firm and covered retail companies like Target, Best Buy, Macy's and J.C. Penney. She will step into her new role at David Yurman on Oct. 22, the jeweler said in a statement.

Ms. Shapira will report directly to David Yurman's chief executive, Glen T. Senk, who ran Urban Outfitters before resigning this year. She will be the first chief financial officer at the privately held company, which makes jewelry and luxury timepieces.

“Adrianne's appointment to the David Yurman executive team is another testament to our dedication in growing this business,” Mr. Senk said in a statement. “Her expertise in the financial and retail sectors will be an invaluable asset to our organization as we continue to expand globally.”

Ms. Shapira is not the first Goldman analyst to make the switch to the corporate side. Anthony J. Noto, a former linebacker at West Point who was Goldman's head of media and entertainment research, left the firm in 2008 to become the National Football League's chief financial officer. Mr. Noto then returned to Goldman in 2010.