SourcingJul 17, 2026
Diamond Dealer Jeff Pancis Pens MemoirThe founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.
MajorsApr 04, 2018
JBT Confirms Richard Weisenfeld as President
He has been serving as acting president since October, when Anthony Capuano went on medical leave.
After serving as acting president since the fall, Richard Weisenfeld has been confirmed as president of the Jewelers Board of Trade.
Providence, R.I.--The board of directors of the Jewelers Board of Trade has confirmed the appointment of Richard Weisenfeld as president.
He has been serving in the position since October 2017, when Anthony Capuano announced he would be out on medical leave. Capuano then announced his retirement earlier this year.
Weisenfeld has served on the JBT board for 17 years. He was elected to the executive committee in 2008 and also served as chairman from 2014 to 2015.
He also has experience in executive positions in various jewelry companies over the last 45 years, including Pranda North America and most recently Riva Precision Manufacturing in Brooklyn, New York.
Weisenfeld is a member of the 24 Karat Club, Providence Jewelers Club, Boston Jewelers Club, Women’s Jewelry Association and International Precious Metals Institute.
He lives in East Greenwich, Rhode Island, with his wife, Jan.
His appointment follows closely on the heels of the announcement that Michael Kaplan, president of packaging and display company Rocket, is the new chairman of the board.
The board also recently elected the following officers and directors to serve a one-year term.
--First Vice-Chairman: Ann S. Arnold, Buyers International Group, LLC
--Second Vice-Chairman: Richard Katz, Richline Group, Inc.
--Secretary: Brenda M. Pimentel
--Treasurer: Richard Weisenfeld
Brian D. Fleming of Carla Corporation also was appointed to the JBT Executive Committee.
The following people were elected to the board for a two-year term.
-- Keven Peck, Color Merchants, Inc.
--Jeffrey Sarfaty, Head of Credit Division, ABN AMRO Capital USA LLC
Directors re-elected to the board for two years are as follows.
--Ann S. Arnold, Buyers International Group
--Ira Bergman, The Gordon Company, Inc.
--David Bonney, Lux Bond & Green, Inc.
--Edward N. DeCristofaro, LDC, Inc.
--Roderick H. Lichtenfels, W. R. Cobb Company
--Nilesh Sheth, Forever Collections, Inc.
--Todd Wolleman, Leo Wolleman, Inc.
Re-elected to the advisory board for a period of two years are the following.
--Phyllis Bergman, Mercury Ring (Div. of Kiran Jewels USA)
--Richard Greenwood, A. F. Greenwood Co., Inc.
These board members will continue to serve existing terms.
--Danielle Ingwer Cohen, Leo Ingwer Inc.
--Jeffery Corey, H. E. Murdock Company Inc.
--Brian D. Fleming, Carla Corporation
--Kevin Green, Seiko Corporation of America
--Michael L. Kaplan, Rocket Jewelry Box, Inc.
--Richard Katz, Richline Group, Inc.
--Michael Pelto, Jewelers Mutual Insurance Company
--Avi Raz, A & Z Pearls, Inc.
--Pinny Rubin, Quality Gold Inc.
Editors' Picks
Sponsored by
More on Majors
The Latest
Events & AwardsJul 17, 2026
Gem Awards Opens 2027 Nomination PeriodSubmissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.
EditorsJul 16, 2026
Q&A: Guzema’s Co-Owners On Its US Expansion, 10-Year AnniversaryValeriya Guzema and Mariana Lenha look back on the last decade and discuss the Ukrainian brand’s first U.S. store.
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center StageColored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
SourcingJul 16, 2026
Ekati to Close, Leaving Canada With One Diamond Mine The diamond mine, which opened nearly 30 years ago in Canada’s Northwest Territories, is expected to shut down by mid-August.
Weekly QuizJul 17, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
FinancialsJul 16, 2026
Richemont’s Jewelry Sales Soar for the Seventh Quarter in a RowJewelry sales for the company, which owns Cartier, Van Cleef & Arpels, Vhernier, and Buccellati, rose 21 percent in the first quarter.
Events & AwardsJul 16, 2026
MJSA Mentor & Apprenticeship Program Certifies First Advanced Apprentice GraduateThe graduate, Grace Barden, credited the program with helping her secure a job as a bench jeweler.
Brought to you by
Building the Future of Jewelry Retail: DCA Expands Education, Leadership Development, and Workforce SolutionsDCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.
Events & AwardsJul 16, 2026
Jewelers of Louisiana to Host 80th ConventionThe event, scheduled for next month in New Orleans, will include dinner, a custom jewelry design contest, and education sessions.
SourcingJul 15, 2026
1,305-Carat Diamond Recovered from Mine in BotswanaThe yet-to-be named stone is the 10th diamond weighing more than 1,000 carats to come out of Lucara’s Karowe mine.
IndependentsJul 15, 2026
New Jersey Jeweler Barry Berman Dies at 81The founder of Fords Jewelers, Berman is remembered for his love of connecting with his community.
FinancialsJul 15, 2026
Watches of Switzerland’s US Sales Jump 18%, Declines to Comment on Sale Report The watch and jewelry retailer had a strong fiscal year despite what its CEO described as a “complex operating backdrop.”
Events & AwardsJul 15, 2026
Hamptons Jewelry Show to Return in JulyThe open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.
CollectionsJul 15, 2026
Pomellato’s New High Jewelry Is LiberatingBold color, expressive gem-setting, and sculptural form define the three chapters that make up “Stile Libero.”
IndependentsJul 14, 2026
Foundrae Opens First Standalone Store Outside USThe New York-based jewelry brand has expanded overseas, opening a store in London’s Mayfair district.
ColumnistsJul 14, 2026
Sherry Smith: What Today’s Jewelry Consumer Is Telling Us Rising revenue does not automatically mean a healthy business, particularly in the current economic landscape, Smith writes.
TrendsJul 14, 2026
Amanda’s Style File: Shoulder Dusters These long, fluid drop earrings are sure to catch the eye.
CrimeJul 14, 2026
Man Charged in $1M Jewelry Store Heist Lands on FBI Most Wanted ListAlberto Perez-Elias is one of four men charged with robbing a Cape Coral, Florida, jewelry store and is the only one still at large.
Events & AwardsJul 14, 2026
Conference on Mining, Sustainability Kicks Off in NYCInitiatives in Art and Culture is hosting its 16th annual Gold and Diamond Conference, with the theme of “Resilience.”
Lab-GrownJul 13, 2026
Stephanie Gottlieb Changes Her Mind on Lab-Grown DiamondsThe designer, who once said she’d never sell lab-grown diamonds, debuted two capsule collections designed to be fun and easy to wear.
SourcingJul 13, 2026
De Beers Announces Potential Layoffs, 2-Year Production Pause at VenetiaThe diamond miner and marketer is undergoing another round of cost-cutting measures ahead of its sale by Anglo American.
Events & AwardsJul 13, 2026
Registration Opens for JIS Fall 2026 ShowThe annual trade-only buying event is slated for Oct. 16-19 in Miami Beach, Florida.
Events & AwardsJul 13, 2026
AGTA Accepting Entries for Spectrum 2026AGTA also has announced the lineup of judges for the colored gemstone cutting and jewelry design contest’s various categories.
TechnologyJul 10, 2026
There’s a New Blind Box for Luxury Watches Collectibles platform Arena Club’s new Time Boxes could contain a Rolex or Patek Philippe watch.
TrendsJul 10, 2026
Jade Trau Creates a Constellation of DiamondsThe “Constellation Plié” collar, our Piece of the Week, features diamonds arranged in a constellation of shining stars.
SourcingJul 10, 2026
CFO of De Beers’ Consumer-Facing Division Leaves Company Shaun Wills joined the company in 2024 and was chief financial officer of the De Beers Brands and Consumer Markets division.
WatchesJul 10, 2026
Brilliant Earth Expands Into WatchesIn honor of its 20th anniversary, the jewelry brand has released a limited-edition collection of Swiss-made timepieces.
