Majors

Jewelers Mutual Hires Former Amazon Loss Prevention Exec

MajorsJan 25, 2024

Jewelers Mutual Hires Former Amazon Loss Prevention Exec

The insurance provider also has a new senior vice president of digital solutions.

Jewelers Mutual logo
Jewelers Mutual has a new vice president of global risk and analytics, Howard Stone, and a new SVP of digital solutions, Nick Tenekedes (pictured below).
Neenah, Wis.—Jewelers Mutual Group announced Wednesday that it has hired two new executives to oversee risk management/loss prevention and to help it improve its digital offerings.

Howard Stone joins the Neenah, Wis.-based insurance company with more than 30 years of loss prevention experience.

Most recently, he spent nine years as the director of loss prevention and operations at Amazon in Seattle.

At Amazon, Stone led a loss prevention team of more than 2,000 associates who were responsible for theft investigations, risk analytics, physical security, auditing, and awareness.

Prior to that, he held leadership positions at Macy’s, Old Navy, clothing retailer Anchor Blue, and The Wet Seal.

Stone has a bachelor’s in communication arts from St. Thomas University in Miami.

Jewelers Mutual said Stone and his team will “redefine” the company’s Risk Services offerings, including loss prevention.

The appointment follows a year in which the number of crimes against the jewelry industry hit a record high and dollar losses neared $130 million, their highest total in 13 years. 

“I am honored to be part of Jewelers Mutual, known for its commitment to a safer, more secure jewelry industry,” Stone said. 

“The opportunity to shape the future of risk management aligns with my passion for creating robust strategies that safeguard the customers and industry we serve.” 

 Related stories will be right here … 

Also joining the company is Nick Tenekedes, who has been appointed senior vice president of digital solutions.

Tenekedes has more than 15 years of experience in go-to-market strategy, product, operations, and profit and loss leadership roles.

Most recently, he was the vice president of marketplace for Getaround, a car-sharing service that has a model similar to Airbnb.   

Jewelers Mutual’s Nick Tenekedes
Nick Tenekedes, Jewelers Mutual’s new senior vice president of digital solutions


He holds a bachelor’s degree in economics from College of the Holy Cross in Worchester, Massachusetts, and an MBA from the University of Chicago’s Booth School of Business. 

In his new role, Tenekedes will focus on leveraging cutting-edge technologies to enhance Jewelers Mutual’s digital offerings.

“I’m thrilled to be a part of Jewelers Mutual, a trailblazer in the industry,” he said. 

“The potential to revolutionize our digital solutions and contribute to the evolution of our product portfolio is exciting. I look forward to collaborating with the talented team to bring about transformational changes.” 

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