JBT Names Richard Katz Board Chairman
Katz has volunteered on the nonprofit’s board since 2008.

Richard Katz, senior vice president of Richline Group, Inc., was named chairman of the board at JBT’s annual meeting on Feb. 9 and at its board meeting on March 9.
Katz has volunteered on JBT’s board since 2008, most recently serving as its vice chairman.
He succeeds Ann Arnold, chief strategic officer at Buyers International Group.
“I am honored to serve at the helm of this board working together with some of the brightest and dedicated individuals in the industry,” said Katz.
“JBT is uniquely positioned to help companies in this industry better know their customers and suppliers.”
JBT President Erich Jacobs said, “Richard brings great perspective to JBT’s strategies and operations. His industry background and prior service on the JBT board will help us meet the growing demand for industry transparency.”
The company’s board also elected the following officers and directors to serve a one-year term.
Brian D. Fleming of Carla Corporation will serve as first vice-chairman while Jeffery Corey of H.E. Murdock Company Inc. will be second vice-chairman.
Erich Jacobs will continue to serve as president as well as treasurer, while Brenda M. Pimetal will serve as secretary.
Nilesh Sheth of Forever Collections Inc. was appointed to the JBT Executive Committee.
Roger Gesswein III of Paul H. Gesswein & Company. Inc., a manufacturer and distributor of tools and equipment for the jewelry industry, was newly elected to the board for a two-year term.
Gesswein is a current board member of the 24 Karat Club of the City of New York and serves as market development manager at the Gesswein Company.
The following were re-elected to the board for a two-year period:
• Ann S. Arnold, Buyers International Group
• Ira Bergman, The Gordon Company, Inc.
• Edward N. DeCristofaro, LDC, Inc.
• Teresa Frye, Techform Advanced Casting Tech., L.L.C.
• Keven Peck, Color Merchants, Inc.
• Andrew Rickard, Rochester Diamonds and Gold, Inc.
Michael Kaplan of Rocket Jewelry Box Inc. was elected to a two-year period on the advisory board while Richard Weisenfeld was re-elected for a two-year period.
The following board members will continue to serve their existing terms:
• Matthijs Braakman, Retail Management Publishing, Inc.
• Tim Coggins, Bank Rhode Island
• Jeffery Corey, H. E. Murdock Company Inc.
• Brian D. Fleming, Carla Corporation
• Bryon Nelson, Jewelers Mutual Insurance Company
• Pinny Rubin, Quality Gold Inc.
The Jewelers Board of Trade is a not-for-profit organization that provides credit reporting and collections services.
The Latest

Everett covers colored stones’ surging popularity, the mellow return of the “Mellon Blue,” and his “The Devil Wears Prada” doppelgänger.

The NYPD is warning elderly New Yorkers to keep their jewelry hidden when walking outside to avoid being a target.

Designer Viviana Langhoff has realized her dream of owning a space for her Chicago jewelry store that looks and feels like her brand.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The sessions will run from Friday, May 29, to Sunday, May 31, with one being a live taping of an episode of Couture’s podcast.


Former Stephanie Gottlieb Fine Jewelry executive Morgan P. Richardson is joining the lab-grown diamond jewelry brand.

The $400 pocket watch is a blend of Audemars Piguet’s iconic eight-sided Royal Oak and Swatch’s unserious Pop watches from the ‘80s.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

With gold prices on the rise, the “Modern Electrum” collection uses an alternative, non-tarnishing metal alloy composed of gold and silver.

Fruchtman Marketing has new owners, Erin Moyer-Carballea and Manuel Carballea, and will relocate to Miami.

In a column for the 2026 State of the Majors issue, Smith lists 10 time-tested principles about sales that still ring true.

In a column for the 2026 State of the Majors issue, Golan spells out how the growing economic divide in the U.S. is reshaping the market.

The “Limitless Expansion of Joy and Hope” collection evokes summer through colored gemstones and motifs of butterflies and florals.

The jewel, circa 1890, is from the late Victorian era and was owned by descendants of the last high king of Ireland.

This is what the nine recipients plan to do with the funds.

The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

A matching pair of 18.38-carat, D-color diamonds from Botswana’s Jwaneng mine sold for $3.3 million, the top lot of the jewelry auction.

Sponsored by A Diamond Is Forever

The next generation of lapidarists are entrepreneurial, engaged online, and see the craft as a means for artistic expression.

It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.

While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.


























