Majors

JBT Re-Elects Richard Katz as Board Chairman

MajorsMar 31, 2023

JBT Re-Elects Richard Katz as Board Chairman

As for new members, the organization welcomed Jewelers of America’s Annie Doresca and Parag Jain of Parag Diamonds.

20230331_JBT logo.jpg
During its annual elections, the Jewelers Board of Trade re-elected chairman Richard Katz and elected new and returning members to its board.
Warwick, R.I.—The Jewelers Board of Trade recently held its annual elections, re-electing its chairman and welcoming various new and returning members to its board.

Richard Katz, chief operating officer of Richline Group, once again was appointed chairman of the board, and will serve another one-year term.

Katz has volunteered on the board since 2008, bringing his experience in finance, operations, and leadership to the role.

“I'm honored to be elected for another one-year term as chairman of JBT. It is with pleasure to serve with some of the most dedicated individuals in the industry,” said Katz.

“Richard continues to bring great perspective to JBT’s strategies and operations,” said JBT President Erich Jacobs, who was also re-elected to his role as well as the role of treasurer.

The 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. (Day’s Jewelers) will be second vice-chairman.

Brenda M. Pimetal will continue to serve as secretary.

As for new members, the board elected Annie Doresca, chief financial officer of Jewelers of America, to join its ranks for a two-year term.

Doresca joined JA in 2008, and, prior to that, worked for several financial companies. She is also the co-founder and board president of the Black in Jewelry Coalition

Also new to the board is Parag Jain of Parag Diamonds, who will serve a one-year term.

Jain has served as CEO of Paramount Gems since 2015. He also co-owns Paragems in Canada and Perfect Diamond Pvt. Ltd. in India, also serving as a board member for Fire & Ice Diamonds and A. Jaffe.

The following members were re-elected to the board for a two-year term.

Matthijs Braakman, Retail Management Publishing Inc.
Jeffery Corey, H. E. Murdock Company Inc.
Brian D. Fleming, Carla Corporation
Richard Katz, Richline Group
Bryon Nelson, Jewelers Mutual Insurance Company
Pinny Rubin, Quality Gold Inc.

The following board members will continue to serve their existing terms.

Ann S. Arnold, Buyers International Group
Ira Bergman, The Gordon Company
Edward N. DeCristofaro, LDC Inc.
Teresa Frye, Techform Advanced Casting Tech. LLC
Roger H. Gesswein III, Paul H. Gesswein & Co.
Keven Peck, Color Merchants Inc.
Andrew Rickard, Rochester Diamonds and Gold Inc.

The Jewelers Board of Trade is a not-for-profit organization that provides credit reporting and collections services.

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