MajorsMay 27, 2025
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Andrew Rickard Named JBT President
A longtime executive at RDI Diamonds, Rickard has served on the JBT board for the past five years.
Industry veteran Andrew Rickard is the new president of the Jewelers Board of Trade. A not-for-profit organization based in Warwick, Rhode Island, JBT provides credit reporting, collections, and marketing services to the jewelry industry. It has served the trade since 1884.
Warwick, R.I.—The Jewelers Board of Trade announced last week that it has appointed a new president, industry veteran and JBT board member Andrew Rickard.
Rickard has spent the past 21 years with RDI Diamonds Inc. in Rochester, New York, most recently serving as the diamond supplier’s executive vice president of operations.
He also has served on the JBT board and executive board for the past five years; most recently, he was elected to a one-year term as first vice-chairman of the board.
Rickard succeeds Erich Jacobs as JBT president.
Formerly the organization’s vice president of IT, Jacobs was promoted to president in 2019, with the goal of helping the organization digitize its core systems, enhance data accessibility, and improve member services.
JBT said with this transformation complete, it is time to turn the presidency back over to an industry veteran.
“I’ve utilized JBT’s services for over two decades and know first-hand how essential the organization is to vendors, manufacturers and retail partners,” Rickard said.
“Our plan will focus on driving innovations in service, value and technology to ensure we exceed the needs of the jewelry industry for the next hundred years.”
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Rickard has spent the past 21 years with RDI Diamonds Inc. in Rochester, New York, most recently serving as the diamond supplier’s executive vice president of operations.
He also has served on the JBT board and executive board for the past five years; most recently, he was elected to a one-year term as first vice-chairman of the board.
Rickard succeeds Erich Jacobs as JBT president.
Formerly the organization’s vice president of IT, Jacobs was promoted to president in 2019, with the goal of helping the organization digitize its core systems, enhance data accessibility, and improve member services.
JBT said with this transformation complete, it is time to turn the presidency back over to an industry veteran.
“I’ve utilized JBT’s services for over two decades and know first-hand how essential the organization is to vendors, manufacturers and retail partners,” Rickard said.
“Our plan will focus on driving innovations in service, value and technology to ensure we exceed the needs of the jewelry industry for the next hundred years.”
Jacobs said he’s “thrilled” to pass the torch to Rickard.
“His experience, relationships, and deep industry knowledge are exactly what JBT needs to build on our progress,” Jacobs said.
“I look forward to continuing to support Andrew and JBT by focusing on the technology innovation that has become central to our mission.”
News of Rickard’s appointment follows the organization’s recent announcement about its new board members and new board chair, Jeff Corey of Day’s Jewelers.
Commenting on Rickard’s appointment as president, Corey said, “Andrew brings a rare combination of operational excellence, deep industry relationships, and a clear vision for JBT’s future.
“The board is confident that under Andrew’s leadership, JBT is well positioned to strengthen its relevance, grow its services, and set a new direction that meets the evolving needs of the jewelry industry.”
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