The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.
DPA Names New CEO as Lieberherr Exits
Marketing executive David Kellie will assume the role when Lieberherr steps down at the end of the year.
New York—Jean-Marc Lieberherr will step down as CEO of The Diamond Producers Association Dec. 31, the organization announced earlier this month.
His replacement is marketing executive David Kellie.
A Watches of Switzerland and Ralph Lauren alum, Kellie will join the company in December to begin the leadership transition.
“As people search for authentic products with enduring meaning, there are outstanding opportunities to grow consumer demand for diamonds,” said Kellie in a statement, noting the number of women buying their own jewelry and interest from younger consumers.
In a press release, Lieberherr described his exit as an “emotional moment,” but said he was proud of the DPA’s achievements, including its increase in funding.
Lieberherr, the former managing director of Rio Tinto Diamonds, has been CEO since Feb. 2016, per his LinkedIn profile.
DPA Chairman Stephen Lussier said Kellie is “extremely well equipped to lead our marketing teams as we seek to inspire ever more consumers of all ages across the world with the ‘diamond dream.’”
The DPA recently launched “The Diamond Journey,” a new campaign that is part of its effort to promote natural diamonds.
The Latest

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”


Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.

The special Classic Avi Chronograph 42 with an Eagles-green dial is limited to 59 pieces, a nod to the Super Bowl Philadelphia just won.

JSA has received reports of mobs swarming jewelry stores, driving cars into the storefront or smashing through the windows.

The “Kashmir” collection features centuries-old craft techniques made in collaboration with the region’s master papier-mâché artisans.

Creative Director Erica Bianchini shared why the jeweler is looking to expand into the U.S. and how it’s putting Canadian craftsmanship on the map.

Two Los Angeles Fire Department stations plan to use the donations to upgrade their equipment and tools.

Next week, the auction house will kick off a selling exhibition of jewelry by British artist Hannah Martin and Coldplay’s Guy Berryman.

“Stolen: Heist of the Century” is based on “Flawless,” the book about the middle-of-the-night theft, and will debut on Netflix in August.

Emmanuel Raheb shares the top five gifting moments outside of major holidays that jewelers should build marketing campaigns around.