Alrosa Names New CEO
Sergey Ivanov Jr., who is under U.S. sanction, is out, replaced by Almazy Anabara CEO Pavel Marinychev.
![Pavel Marinychev, who has headed Alrosa subsidiary JSC Almazy Anabara since 2016, is the new CEO of Russian diamond mining company Alrosa. New Alrosa CEO Pavel Marinychev](https://uploads.nationaljeweler.com/uploads/b6136663e681ce3562ca0af0400b29cd.jpg)
Marinychev succeeds Sergey Ivanov Jr., who became Alrosa’s youngest CEO when he was appointed to the position in 2017 but came under U.S. sanction shortly after Russia invaded Ukraine because of his close ties to Russian President Vladimir Putin.
Ivanov Jr. is the son of Sergey Ivanov Sr., a high-ranking Kremlin official who has been on the Office of Foreign Asset Control’s Specially Designated Nationals list since 2014, and he is a board member of Russian financial institution Gazprombank, another sanctioned entity.
Reports of his pending resignation first started circulating in December.
He is stepping down from his position as Alrosa CEO about two years early, as his contract does not expire until 2025, and the official announcement of his resignation comes just as the G7 is weighing tighter sanctions on Russian diamonds globally.
In appointing Marinychev, Alrosa said it has chosen a leader who is a “highly skilled, advanced, proactive manager and a deeply decent person always caring about people’s wellbeing.”
Marinychev will serve a three-year term as CEO.
The company, which remains under sanction, said his appointment is “aimed to address the current challenges the company is facing, given his extensive experience in mining and huge expertise in diamond production, exceptional personal effectiveness and high potential in management.”
The 44-year-old Marinychev started his career in 2000 as a specialist in the Economics Department at the Republic of Sakha’s (Yakutia’s) Ministry of Fuel and Energy.
He spent more than a decade in various government roles, including serving as first deputy chairman of Yakutia overseeing geology, subsoil use, industry, housing, energy and construction from 2010 to 2016.
In 2016, he became CEO of JSC Almazy Anabara, the Alrosa subsidiary that mines diamonds in Yakutia.
Marinychev was born in Yakutsk, the capital of Yakutia, and is married with two daughters.
He said, “As CEO, I’ll keep working to consolidate the company’s dominant position on the global diamond market. Our strategic objectives remain the same. We will develop our resource base, increase production efficiency and enhance management quality despite the challenging geopolitical environment.
“As before, special focus will be given to the growth of Alrosa’s talent pool as well as to health and safety issues and environmental protection. We will unquestionably continue our support of social and environmental projects in the regions of our operations.”
The Latest
![Ashley Zhang Jewelry 2025 Lunar New Year Snake Necklace](https://uploads.nationaljeweler.com/uploads/5125952975ad9a61b0c5d73063acc4a8.jpg)
The one-of-a-kind necklace was designed in celebration of the Chinese New Year, as 2025 is the Year of the Snake.
![The Edge Retail Academy’s Sherry Smith and Edahn Golan were the guests on the “Predictions for the Year Ahead” episode of “My Next Question.” Graphic for “Predictions for the Year Ahead” webinar](https://uploads.nationaljeweler.com/uploads/67936806aa0a0e9f3a822a6b842a57af.png)
“My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.
![These 15 mm yellow gold and diamond hoops from Ophelia Eve jewelry were one of the pieces donated for the “Jewelers Unite for SoCal Fire Relief” online auction, which will benefit the Entertainment Industry Foundation’s SoCal Fire Fund. Ophelia Eve 15 mm yellow gold and diamond hoops](https://uploads.nationaljeweler.com/uploads/d8f35798ede84e2ca156ecf07df9dde9.jpg)
From raffles to auctions to donations, the industry is working to aid charities in Los Angeles amid the raging wildfires.
![Resolutions - 2025.jpg](https://uploads.nationaljeweler.com/uploads/7b2ba343f8d947757b0ff597db4ca873.jpg)
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
![From left to right, Zacary Briggs, Aaron Hammond, Tre’von Anthony Neal, and Evan Puckett. The four men are accused of planning to kidnap and rob a jeweler of his cryptocurrency. (Image courtesy of the Jewelers’ Security Alliance) Mugshots of Zacary Briggs, Aaron Hammond, Tre’von Anthony Neal, and Evan Puckett](https://uploads.nationaljeweler.com/uploads/6090dbde9447bd56e883383b5e716d07.jpg)
The suspects are accused of planning to kidnap a Miami jeweler and rob him of his cryptocurrency.
![](https://uploads.nationaljeweler.com/uploads/99a46b30cc354962ac2e29ecd113587a.jpg)
![A security guard was shot to death and an unspecified amount of diamonds were stolen in an armed robbery that happened Saturday at Namib Desert Diamonds (Pty) Ltd., a diamond sales and marketing company in Windhoek, Namibia. (Photo courtesy of Namib Desert Diamonds (Pty) Ltd.) Loose diamonds from Namdia](https://uploads.nationaljeweler.com/uploads/59f5e6ffda5776685309e4e38c2def84.jpg)
Francis “Gosh” Eiseb, 58, was a senior protection officer for Namib Desert Diamonds, also known as Namdia, in Windhoek, Namibia.
![The speakers at Symposium ’25 include, (top row, from left to right) Erica Keswin, Paul Aaron, Chris Voss, (middle row) Seth Mattison, Sheena Iyengar, Victoria Gomelsky, (bottom row) Frank Cespedes, and Charles Duhigg. Symposium 2025 Speakers](https://uploads.nationaljeweler.com/uploads/85c8895869a1df92656caded2befd6ae.jpg)
The second annual learning forum for retailers is slated for March 13 at City Winery in Pier 57 in New York City.
![ride_or_die_1872x1052.png](https://uploads.nationaljeweler.com/uploads/0fcf675b40ce0c88faab13d5914d2edf.png)
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
![Roy Safit is the new CEO of The Fancy Color Research Foundation. Fancy Color Research Foundation](https://uploads.nationaljeweler.com/uploads/1e8ceddf492014ef16be12effbcb842f.jpg)
Roy Safit took over the role on Jan. 1.
![Sherry Smith is director of business development at Edge Retail Academy, the leading jewelry business consulting and data aggregation firm. She can be reached at sherry@edgeretailacademy.com. National Jeweler columnist Sherry Smith](https://uploads.nationaljeweler.com/uploads/f0c758a36a686e5a61be828dadef64e1.jpg)
Sherry Smith shares data on the year gone by, including the breakdown between natural and lab-grown diamond sales.
![In addition to providing support services to jewelry businesses in L.A. County, Jewelers Mutual Group will match donations made to the Jewelers Relief Fund, the fund Jewelers of America and Diamond Council of America reopened in the wake of the devastating wildfires. Los Angeles wildfires](https://uploads.nationaljeweler.com/uploads/c9589b12f92fe1593e0c12cb02ffd438.jpg)
The company also is matching donations made to Jewelers of America and the Diamond Council of America’s Jewelers Relief Fund.
![Jewelers of America will have two “20 Under 40” lists this year, one for retailers and one for suppliers. Interested parties have from now through Feb. 19 to nominate themselves or someone else for inclusion on either list. Jewelers of America 20 Under 40 graphic](https://uploads.nationaljeweler.com/uploads/9c4f8cef6f42f5b6411b5f4f9c1d53c6.jpg)
Now in its fourth year, the program is expanding to include a list of “20 Under 40” for jewelry suppliers.
![Core retail sales during the holiday season rose 4 percent year-over-year to a record $994.1 billion, coming in above the National Retail Federation’s expectations. Holiday wrapped gift boxes](https://uploads.nationaljeweler.com/uploads/bbf0442a507fcab9157bafc8f6c6e13e.jpg)
Core retail sales during the 2024 holiday season surpassed the National Retail Federation’s forecast.
![Foundrae launched its “Reach for Life” collection on Tuesday; it’s a celebration of the new year, a time for self-reflection and growth. Foundrae Reach for Life collection campaign](https://uploads.nationaljeweler.com/uploads/0c1e7773bfc835fb4e17f5978364600f.jpg)
The “Reach for Life” collection uses feather and arrow motifs to invite growth and inner curiosity.
![Peter Smith is an industry consultant, speaker, sales trainer, and author. He can be reached via email at TheRetailSmiths@gmail.com. National Jeweler columnist Peter Smith](https://uploads.nationaljeweler.com/uploads/f435d49b335ed5e6c2719b958faac10a.jpg)
Peter Smith pulls back the curtain on the often misinterpreted, and sometimes maligned, world of sales training.
![This Amanda’s Style File harnesses Pantone’s 2025 Color of the Year, Mocha Mousse, across 20 pieces. Seen here is a ring by Lord Jewelry featuring brown and white diamonds ($9,500). Lord Jewelry brown and white diamond ring](https://uploads.nationaljeweler.com/uploads/7db87ddc50c55102c6fdbced25bcc106.jpg)
Pantone’s 2025 Color of the Year takes the form of jewelry through gemstones and enamel that look just as delicious as mocha mousse.
![Gemstone dealer and jewelry content creator Julia Hackman Chafé, and Monica Elias, founder of Elias World Media, have joined Diamonds Do Good’s board of directors. Diamonds Do Good](https://uploads.nationaljeweler.com/uploads/484d899ac51ab495b24e0bd3d9c42fb2.jpg)
Julia Hackman Chafé and Monica Elias have joined the organization’s board of directors.
![A pair of “Opera Galileo” pendants by Buccellati. Buccellati together with Cartier, Van Cleef & Arpels, and Vhernier comprise Richemont’s jewelry brand portfolio. The brands saw sales increase 14 percent year-over-year in the third quarter. Bucellati necklaces](https://uploads.nationaljeweler.com/uploads/a9d8876825bb7a6e09d9c2dba8990d32.jpg)
The company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.
![Picchiotti Classic Blue and Green Necklace](https://uploads.nationaljeweler.com/uploads/47392cdabcf3f7bcb41194464aa9a925.jpg)
The necklace features a sapphire drop weighing more than 9 carats that detaches to transform into a ring.
![The winner of the inaugural Tiffany & Co. x CFDA Jewelry Designer Award, Jameel Mohammed, was presented with the award at a cocktail reception celebrating the finalists on Wednesday.
Jameel Mohammed](https://uploads.nationaljeweler.com/uploads/0bd0336178895003027d3b4d14b3f46a.jpg)
Jameel Mohammed, founder of Afrofuturist brand Khiry, will receive a cash prize and a one-year paid fellowship with Tiffany & Co.
![New England jeweler Lux Bond & Green is set to open its sixth location in Mystic, Connecticut. (Photo courtesy of Lux Bond & Green’s Facebook page) Gold jewelry boxes with Lux Bond & Green logo](https://uploads.nationaljeweler.com/uploads/1a8d662d0c26c6c62343028e5ce8560f.jpg)
The 127-year-old jeweler is planning to open a new store in Mystic, Connecticut.
![Timex’s new National Park Collection, a group of six outdoor watches celebrating green spaces from Maine to Wyoming, launched online today. Timex National Park Collection](https://uploads.nationaljeweler.com/uploads/405cab0a346373ea96c641f83bcf8554.jpg)
The watches’ dials feature artwork celebrating the vibrant energy and unique landscapes of six of America’s national parks.
![Elizabeth Taylor once owned this diamond line bracelet featuring 27 graduated, radiant-cut, yellow-tinted diamonds. U.K. auction house Woolley & Wallis is putting it up for sale later this month, with an estimated sale price of £50,000-£70,000 (approximately $61,000-$86,000). (Photo courtesy of Woolley & Wallis) Elizabeth Taylor diamond line bracelet](https://uploads.nationaljeweler.com/uploads/25ad3d0ca85c0d2e338f6d01cf6f42e7.jpg)
Offered by U.K. auction house Woolley & Wallis, the yellow diamond bracelet was a gift from Taylor’s good friend Michael Jackson.
![The theme for JCK Las Vegas 2025 is “Decades” as a celebration of jewelry and fashion styles from different eras throughout time, said Sarin Bachmann, group vice president for the RX Jewelry Portfolio. JCK open registration graphic](https://uploads.nationaljeweler.com/uploads/3213b39dacba6bf2b37a0385b9f8bca6.jpg)
The jewelry trade show returns to The Venetian Expo and The Venetian Resort in Las Vegas from June 6 to 9.
![“Unapologetically Iris: The Collection of Iris Apfel” showcases the clothes, accessories, and interior design elements that made Apfel famous. The auction includes more than 200 lots and is scheduled for Jan. 28- Feb. 13. (Photo credit: Ruven Afanador) Iris Apfel](https://uploads.nationaljeweler.com/uploads/a27de08e44a922d60a0c18efa8471408.jpg)
Associate Editor Natalie Francisco highlights her favorite fashion jewelry pieces from the upcoming “Unapologetically Iris” auction.
![Macy’s shared a list of the 66 locations it will close as part of its “Bold New Chapter” turnaround plan. Macy’s Herald Square New York City store](https://uploads.nationaljeweler.com/uploads/3b551589648a923d096cd702c5be5321.jpg)
The closures are part of the retailer’s plan to close 150 locations over a three-year period.
![The Jewelers Vigilance Committee released a free online guide to help jewelers comply with the Americans with Disabilities Act. Jewelers Vigilance Committee Americans with Disabilities Act guide cover](https://uploads.nationaljeweler.com/uploads/b8e3b091c4b254cd0cb3320449913631.jpg)
The online guide is available for free and written with the jewelry industry in mind.