Resignation

Richard Duffy steps down as Petra Diamonds CEO

Petra Diamonds has announced that Richard Duffy has resigned as CEO and director of the company by mutual agreement and with immediate effect. Vivek Gadodia and Juan Kemp have been appointed as joint interim chief executive officers. Gadodia will have responsibility for all group corporate matters and Kemp will have…

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Gem-A CEO steps down

The board and trustees of the Gemmological Association of Great Britain (Gem-A) has announced that Alan Hart has decided to step down as chief executive officer. The board of directors has unanimously accepted Hart’s resignation after eight years of leadership. It has also assured students and members of Gem-A that…

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Liz Truss steps down as prime minister

Liz Truss has announced that she is standing as prime minister after a turbulent week for the government, just six weeks after taking up the premiership. The statement of her resignation was made at 13:30pm today (20 October) following a meeting between Truss and Sir Graham Brady, chairman of the…

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RJC executive director steps down amid ongoing Russia conflict

The Responsible Jewellery Council’s (RJC) executive director, Iris Van der Veken, has reportedly resigned from her role following the organisation’s handling of Alrosa’s membership during the Russia-Ukraine war. According to Rapaport News, Van der Veken handed in her resignation letter to the board of directors on Wednesday (30 March) as…

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Royal Asscher president resigns after 50 years

Royal Asscher Diamond Company has announced that Edward Asscher, the firm’s president and fifth generation of the company, has retired from his role.  He worked within the family company for exactly 50 years, and upon his departure, his children Lita and Mike Asscher will serve as co-presidents for the business.…

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German stagnation, Javid out, RBS gets environmental, Norton no-show

The German economy has stagnated due to significant falls in spending and exports. New figures show that GDP ‘flat lined’ (financial jargon for neither growing nor contracting) in the final quarter of 2019, bad news since economists and analysts had hoped that it would grow about 0.1%. It means Germany’s…

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Pandora COO exits

Pandora’s chief operations officer (COO) Jeremy Schwartz has resigned from his position at the jewellery retailer. Following a mutual agreement between the chairman of the board of directors and Schwartz, the resignation will take effect as of today (4 April). However, Schwartz will be available as an advisor to incoming…

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Are jewellery trade shows dying?

“A different rhythm and a different approach is needed. In this new context, annual watch fairs, as they exist today, no longer make much sense. This does not mean that they should disappear, but, it is necessary that they reinvent themselves, responding appropriately to the current situation and demonstrating more…

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Thomas Sabo’s UK managing director Jon Crossick resigns

The UK boss of international jewellery retailer Thomas Sabo, Jon Crossick, has announced his resignation with effect from 18 October. Crossick has spent five years at the helm of Thomas Sabo having joined as managing director for UK and Ireland in 2013. Crossick will remain on gardening leave until his…

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THE RUMOUR MILL – Seeking clarity on the CMJ’s financials

After the Company of Master Jewellers’ self-styled ‘Marmite’ chief executive announced his resignation, and a copy of the the buying group’s annual financial report was leaked to the press, rumours abounded about the circumstances of Hamilton’s departure. We spoke to chairman Michael Aldridge, to put some of the trickier questions…

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