The goal is for the De Beers sale to be finished by the second half of 2026, with the subsequent approvals process expected to take a year.
Wolleman Tapped for Second Term as JBT Board Chair
In addition, Jeff Corey, Michael Pelto and Richard Seufert have been elected as new board members of the Jewelers Board of Trade.
Warwick, R.I.--Todd Wolleman, of New York colored gemstone company Leo Wolleman Inc., has been elected to serve a second term as chairman of the Jewelers Board of Trade.
He will serve another one-year term alongside the same officers and directors with whom he served last year: First Vice-Chair Michael L. Kaplan, Rocket Jewelry Box, and Second Vice-Chair Ann S. Arnold of Arnold Advisory Group LLC, along with JBT President Anthony J. Capuano, who also will continue to serve as treasurer, and Secretary Brenda M. Pimentel.
The JBT announced the results of its elections, which took place at the company’s annual meeting on Feb. 15 and at its board meeting on March 15, on Monday.
Newly elected to serve on the organization’s board for a two-year term was Maine retailer Jeff Corey, who is vice president of marketing at Day’s Jewelers, vice chairman of the JA Political Action Committee (JAPAC), on the board of Jewelers for Children and on the advisory council for De Beers diamond brand Forevermark.
Joining Corey on the board as a new member is Michael Pelto, chief intelligence officer at Jewelers Mutual Insurance Co., and Richard Seufert, who helped create the Precious Metals, Diamond and Jewelry Group at HSBC Bank USA, N.A.
Additionally, re-elected to the board for a period of two years were:
--Danielle Ingwer Cohen, Leo Ingwer Inc.;
-- Brian D. Fleming, Carla Corporation;
-- Kevin Green, Seiko Corporation of America;
--Michael L. Kaplan, Rocket Jewelry Box Inc.;
-- Richard Katz, Richline Group Inc.;
-- Avi Raz, A & Z Pearls, Inc.; and
-- Pinny Rubin, Quality Gold Inc.
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