AuctionsSep 18, 2026
7.52-Carat Unheated Paraíba Tourmaline Sells for $1.3M at Sotheby’s The top lot of the auction house’s Hong Kong jewelry sale was an Art Deco Mauboussin necklace with ruby beads, which sold for $2 million.
IndependentsMay 06, 2020
Bill Thompson, Former CEO of AA Friedman, Dies at 88
His career in the jewelry industry spanned 52 years.
Bill Thompson, the longtime president and CEO of the A.A. Friedman Company, died last week at his home in Augusta, Georgia. An Air Force veteran, Thompson spent his entire career in the jewelry industry with Friedman’s Jewelers.
Augusta, Ga.—William Warren “Bill” Thompson, former CEO of the A.A. Friedman Company who was known for his big heart and his firm principles, died Friday at his home in Augusta, Georgia.
He was 88.
Thompson was born in Augusta but moved to Macon, Georgia as a teenager.
He enrolled in the U.S. Air Force after school, attaining the rank of staff sergeant and marrying his high-school sweetheart, Mildred Ann Payne, during his service.
Thompson’s career in the jewelry industry spanned a total of 52 years, all with the A.A. Friedman Co. (Friedman’s Jewelers).
He started there at the age of 12 sweeping the floors and, after leaving to serve in the Air Force, returned, eventually working his way up to president and CEO.
During his time at Friedman’s, the retailer expanded from six stores to more than 140 stores at its peak.
Randy McCullough, who met Thompson when he got a job as the manager of the Friedman’s store in Augusta, Georgia in 1971, described his longtime friend as a “strategic thinker, a real visionary who was savvy, innovative and very creative.”
He said Thompson generously shared his knowledge, skills and life lessons as president and CEO, which were key to the chain’s growth.
He was good to the people who worked for him and believed in promoting from within, and fair to the chain’s vendors when it came to negotiations.
“The character of the life he lived might be summed up in a few words: he was sincere, he was earnest, he was loyal,” McCullough said. “Nothing was more typical of Bill Thompson than that large-hearted fairness.”
Thompson retired in 1996.
Outside of the jewelry industry, the jeweler and veteran was a longtime member of the Mabel Lodge #255 (Free & Accepted Masons) in Macon, and The Ancient and Accepted Scottish Rite.
He also served with a number of community and professional organizations, loved to travel the world with his wife and play gin rummy with his friends.
Thompson was preceded in death by his parents, Remus and Mattie Lou (Watkins) Thompson; his wife of 61 years, Mildred Ann Thompson; and a son, William James Thompson.
He is survived by another son Alan Thompson (Teresa); three grandchildren, Payne Thompson (Kristen), Rob Thompson (Meghan), and Rowan Thompson; and two great-grandchildren, Millie and Will.
Due to the current restrictions associated with COVID-19, a graveside service for Thompson was live-streamed on
the Platt’s Funeral Home Facebook page on Tuesday afternoon.
In lieu of flowers, the family asks for donations to be made to the Masonic Home of Georgia, 1417 Nottingham Drive, Macon, GA 31211.
Those interested in leaving a message of condolence online can do so on the funeral home website.
In lieu of flowers, the family asks for donations to be made to the Masonic Home of Georgia, 1417 Nottingham Drive, Macon, GA 31211.
Those interested in leaving a message of condolence online can do so on the funeral home website.
More on Independents
The Latest
Policies & IssuesSep 18, 2026
Tariffs, Retail Crime Top of Mind at JA’s Annual Fly-In Retailers and manufacturers headed to the Capitol this week to discuss tariff exemptions for diamonds and gemstones, among other issues.
CollectionsSep 18, 2026
Nanis Transforms Its ‘Boule’ Into a Mirror Our Piece of the Week is a pair of drop earrings from the “Sway” collection featuring Nanis’ first use of mirror-polished gold.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionExperience gemstones with greater precision and comfort than ever before.
GradingSep 18, 2026
De Beers Introduces Faster Version of Diamond Screening Machine SynthDetect 2 can scan a full tray in less than five minutes, De Beers said, making it six times faster than its predecessors.
Weekly QuizSep 17, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsSep 18, 2026
Noonans To Auction Medieval Gold Seal Ring Recovered By 2 FriendsTwo metal detectorists discovered the ring, which may have belonged to English noblewoman Matilda of Lancaster, in Suffolk.
Policies & IssuesSep 17, 2026
Tariffs on India Could Increase as Russian Sanctions Bill Heads to Trump’s DeskThe bill has a provision that allows the president to raise tariffs on countries that import Russian oil and gas to as much as 100 percent.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
Events & AwardsSep 17, 2026
This Is the Winner of the 2026 Robert M. Shipley AwardThe American Gem Society presented the annual award to a former president of its board.
CollectionsSep 17, 2026
Cynthia Erivo, Zoë Chicco’s Jewelry Collab Is an Ode to TransformationThe “Chrysalis” capsule centers butterfly motifs representing growth, transformation, and the unfolding of who you are.
Events & AwardsSep 17, 2026
Louisiana Retailer Kevin Patton Wins Lifetime Achievement AwardJewelers of Louisiana presented Patton, the third-generation president of Pattons Fine Jewelry, with the award at its annual convention.
PodcastsSep 16, 2026
Episode 9: Remembering Cindy EdelsteinTwo special guests join the podcast to commemorate the 10th anniversary of the designer advocate, mentor, and author’s untimely passing.
CollectionsSep 16, 2026
Jessica McCormack, L’Objet Collab on Homewares CollectionMcCormack brings sea-inspired motifs from her “Beaches” collection to L’Objet’s tableware, vanity pieces, and first-ever cutlery set.
CrimeSep 16, 2026
JSA Issues Warning to NJ Jewelers After Rash of Smash and GrabsNine New Jersey jewelers have been victims of smash-and-grab robberies this year, prompting JSA to circulate a list of recommendations.
MajorsSep 16, 2026
Midas Chain Releases ‘House of Midas’ Bridal CatalogThe new bridal catalog features the latest jewelry collections and designs from timeless classics to modern silhouettes.
EditorsSep 15, 2026
2026 Emmys Jewelry: An Either/Or Proposition Stars wore either a necklace or earrings at 78th Primetime Emmy Awards but rarely both, Natalie Francisco notes.
ColumnistsSep 15, 2026
The Levels Your Website Must Clear Before AI Recommends YouJennifer Shaheen compares this new era of AI-powered SEO to a video game: your website must clear one level before advancing to the next.
EditorsSep 15, 2026
Q&A: Signet Jewelers’ Joan Hilson on Diamond Demand, the HolidaysHilson, Signet’s chief operating and financial officer, discussed Q2, resurgent natural diamond demand, and why Blue Nile is a standout.
ColumnistsSep 14, 2026
Sherry Smith: Stop Waiting for December to Save Your ChristmasThe stores that have a great December are the ones that made good decisions in August, September, and October, Sherry Smith writes.
AuctionsSep 14, 2026
22 Carats of ‘Sunshine’ Are Up for AuctionThe 22.09-carat fancy yellow “Pragnell Kimberley Sunshine Diamond” is part of the fall jewelry sale at Heritage Auctions.
IndependentsSep 14, 2026
Greenwich St. Jewelers to Unveil Photography Exhibition“Adornos: Jewelry, Memory & What We Pass Down” honors the jewelry’s importance to New York City’s Latine communities.
SourcingSep 14, 2026
Gemfields Sells All Lots at First Emerald Auction in 9 MonthsThe company’s managing director of sales said the results demonstrate “continued strong demand for commercial-quality emeralds.”
SourcingSep 14, 2026
Diamonds Do Good Pledges Support for Eye Care ProgramThe nonprofit awarded a grant to the Gift of Sight initiative spearheaded by South African musician Black Coffee.
CollectionsSep 11, 2026
A Sapphire ‘Stardust’ Ring From Greenwich St. Jewelers The Latine-owned New York jeweler is marking two milestones this year: its 50th anniversary and the 25th anniversary of the 9/11 attacks.
MajorsSep 11, 2026
The Wishing Place by JTV OpensThe jewelry retail broadcast network has sponsored a new space for Make-A-Wish East Tennessee on its campus in Knoxville.
Events & AwardsSep 11, 2026
The Edge Awards Scholarships to 2 Young Jewelry ProfessionalsThe recipients were recognized at the 24 Karat Club of the Southeastern United States’ annual banquet.
MajorsSep 10, 2026
Lagos Founder Steven Lagos Steps Down as CEO Keith Rolfe, CFO and COO of Lagos, is now at the jewelry brand’s helm while Steven takes on the role of executive chairman.
