Lenox Corporation Names Lester Gribetz to Its Board of Directors

Bristol, PA, – (November 17, 2016) – The Board of Directors of Lenox Corporation (“Lenox” or the “Company”), a portfolio company of Clarion Capital Partners (“Clarion”), announced today that Lester Gribetz has been elected to the Company’s Board of Directors.  Mr. Gribetz will assist Lenox in transitioning his role to a successor while at the same time pursuing outside interests.

“Lester is one of the true creative forces in the Home Fashion, Tabletop and Housewares industries” commented Peter Cameron, Lenox’s Co-Chairman.  “He has an incomparable eye for current trends, and a charisma that has made him endearing to colleagues, customers and suppliers for decades.  While we are excited for Lester, and pleased that he will continue on with the Company as a Director, we will miss his day-to-day involvement dearly." 

"We can’t thank Lester enough for his contributions to Lenox over the past seven years, said Marc Utay, Clarion’s Managing Partner.  It is rare for us to work with an executive with such a strong combination of design and business instincts.  Lester has a passion, work ethic and energy level that is beyond compare.” 

Mr. Gribetz commented, “I have enjoyed my time at Lenox, and am proud of the Company’s accomplishments and all the terrific colleagues I have worked with.  Lenox is the unquestioned design and innovation leader in the tabletop industry, and I feel bittersweet in my decision to pursue new opportunities outside the Company.  I am pleased to continue on as a Director, and I look forward to assisting the Company with a smooth transition.”

For media inquiries, contact:

 Lenox Corporation

Peter Cameron

(617) 273-8110

peter_cameron@lenox.com 

Clarion Capital Partners

Marc A. Utay

Managing Partner

(212) 821-0177

mutay@clarion-capital.com