IGI CEO Roland Lorie to Step Down This Fall
Tehmasp Printer will take over as global CEO of the lab, which is now owned by a private equity firm.

The announcement comes less than three months after private equity firm Blackstone paid more than $500 million to acquire the lab from a subsidiary of Chinese conglomerate Fosun and the Lorie family.
Fosun held an 80 percent stake in the business, while the remaining 20 percent belonged to the Lories.
Marcel Lorie started IGI in Antwerp in 1975 and served as CEO until 2006, when Roland took over.
Roland has worked at the lab for a total of almost five decades, helping it expand internationally and “playing a pivotal role in cementing its reputation as a pioneer in the certification of natural diamonds, lab-grown diamonds, colored stones and finished jewelry.”
IGI currently has 29 laboratories and 18 gemology schools in 10 countries.
Printer has been with IGI for 24 years, most recently serving as managing director of IGI India.
IGI said he was instrumental in introducing its grading and certification practices to the gemstone and jewelry businesses in India.
Roland said Printer “knows the business inside and out.”
“Selecting Tehmasp as the new leader of IGI was effortless … He brings a commitment to excellence and innovation that can help propel the company into its new chapter.
“On behalf of my family, we are incredibly proud of the stellar reputation, teams, and trust that we’ve built over the last 50 years. I feel it’s the perfect time to pass on the baton to new leadership, and my best wishes are with Tehmasp,” Roland said.
Printer’s appointment will be effective Oct. 1. Roland will remain CEO until then and be involved with the transition.
The Latest

The Dayton-based jeweler, which has been in business since 1985, was formerly known as Stafford Jewelers.

Reeds Jewelers CEO Alan Zimmer will be presented with the honor at JVC’s annual luncheon.

The piece, celebrating birthdays from March 21 to April 19, debuted with Sorellina’s new line of astrological pendants.

Supplier Spotlight Sponsored by GIA

The Indian jewelry brand recently opened stores in Atlanta and Seattle.


CEO Beth Gerstein shared its most popular price points, what’s trending in non-bridal fine jewelry, and its holiday performance.

The 15 pieces were crafted from the “Insofu” emerald, discovered in Zambia in 2010.

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

Chris Anderson is joining the insurance provider as the new chief financial officer and treasurer.

Jewelers of America is distributing a brochure for retailers to use when discussing the differences between natural and lab-grown diamonds.

The industry is changing as it grapples with new realities around distribution, supply, and the need for consistent, effective marketing.

Bhansali discusses the potential impact of U.S. tariffs, demand for diamonds by market, and the “cautious confidence” in India right now.

As lab-grown diamond brands pop up across India, academics are researching how to grow demand outside of the jewelry industry.

Govind Dholakia and Tanishq will be recognized for their contributions to the industry at the Diamonds Do Good Awards in Las Vegas.

The New York City-based brand has opened its first U.K. location with a permanent shop-in-shop at Liberty in London.

A metal detectorist discovered the ring that is believed to have belonged to a bishop in the late 12th to early 13th century.

Organizers looked to new partnerships and interactive experiences to enhance the spring show, set for March 16 to 18.

Kenewendo, Botswana’s minister of minerals and energy, will discuss the future of diamonds.

The suspect allegedly stole almost $800,000 worth of diamond jewelry from a store in Orlando and then swallowed it during a traffic stop.

Ahead of the Gem Awards on Friday, Jen Cullen Williams and Duvall O’Steen share pro tips for taking the best photos.

Founded in 2000, Marco Bicego is commemorating its milestone anniversary with a “25 Best” collection and campaigns honoring its heritage.

Those attending the company’s upcoming Zoom workshop will receive early access to “The List,” its new resource for finding buyers.

The organization will present an award to Amy-Elise Signeavsky, law enforcement and diamond recovery manager at GIA.

Chandler started his jewelry career at Michelson Jewelers, joining the Diamond Council of America as president and CEO in 2001.

Scottish American designer Maeve Gillies collaborated with Platinum Guild International on jewelry created by direct metal 3D printing.

Ahead of its trade show in May, TJS awarded free registration and accommodations to five up-and-coming jewelry industry professionals.

The 2025 Gem Awards are set to take place Friday at Cipriani 42nd Street in New York City.