The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.
Cecilia Gardner to Step Down as JVC CEO
She aims, however, to retain her position as general counsel with the Jewelers Vigilance Committee, an organization she has been with for 18 1/2 years.

New York--Cecilia Gardner is slated to step down as president and CEO of the Jewelers Vigilance Committee next year, the organization announced Monday.
However, the formal federal prosecutor, who has been with the organization for 18 1/2 years, intends to stay on board as general counsel, emphasizing to National Jeweler that she is not retiring and plans to keep on practicing law, which she has done for 40 years.
Gardner, who also recently left her post as general counsel for the World Diamond Council, said she is just trying to “reorder my life in a way.”
JVC board President Steven Kaiser, of Kaiser Time, said Gardner first came to him back in November about her desire to step back from her role as president and CEO come 2017.
In February, the board tapped one of its members who works for a company that specializes in organizational reviews to conduct a review of the JVC and its functions--who does what and how it’s being done.
“Before we get a new head, we want to really review what we need,” he said.
He said the review should be completed by the organization’s next executive committee meeting, which is scheduled for mid-May. At that time, the board should have a plan for the future of the JVC, with Kaiser adding that they hope to retain Gardner as lead counsel.
The JVC currently has a total of six employees: Gardner; Senior Counsel Suzan Flamm (who, in an unrelated development, also is leaving the organization, though the timeline for her departure is unknown at this time); Jo-Ann Sperano, the mediation specialist and paralegal; Assistant General Counsel Sara Yood; Membership Services Director Jeff Mercado; and Karen Kovach, the organization’s director of marketing and development.
Kaiser said “hopefully” the organization will be able to add staff following the review, as the JVC’s role has grown alongside the increasing number of rules and regulations impacting the jewelry industry.
“We’re very optimistic going forward,” he said. “The JVC is on a roll. We’re increasing revenues every year.”
Gardner is the latest in the line of top-ranking women in the jewelry industry to announce that they are stepping back in the near future.
Dione Kenyon is set to retire as president of the Jewelers Board of Trade this year, while American Gem Society and AGS Laboratories CEO Ruth Batson is set to do the same in June 2017.
The Latest

The retailer also gave an update on its vendor partnerships.

The award-winning actress is the “epitome of modern allure,” the brand said.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The “Bloom” collection draws from the flower power movement of the 1960s and ‘70s with inlay pendants offered in eight colorways.


The unique piece was one of the custom works offered at the foundation's recent silent art auction, which garnered nearly $15,000 in total.

Bulgari named Gyllenhaal as its brand ambassador for his embodiment of artistic depth, intellectual curiosity, and warmth.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

Awards were given to four students, one apprentice, and an emerging jeweler.

The top jewelry lot of the late model’s estate sale, hosted by John Moran Auctioneers, was an Oscar Heyman & Brothers for Cartier necklace.

Moses, who started at GIA’s Santa Monica lab in 1976, will leave the Gemological Institute of America in May.

Increased competition, falling lab-grown diamond and moissanite prices, and the rising cost of gold took a toll on the moissanite maker.

The earrings, our Piece of the Week, feature pink tourmalines as planets orbiting around an aquamarine center set in 18-karat rose gold.

“The Price of Freedom” campaign video for International Women’s Day confronts the quiet violence of financial control.

The ever-growing collection, which just expanded with the addition of Olga of Kyiv, features cameos of 12 women from history.

We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

The annual event will be held in Orlando, Florida, from Sept. 14-17.

The “Outlander” star modeled for the digital cover of the magazine’s spring issue, which features a story on her relationship with jewelry.

This year’s annual congress, which will mark the confederation’s 100th anniversary, will take place this fall in Italy.

Beverly Hills was chosen as the location for the brand’s first store, designed as a “private residence for modern monarchs.”

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Nearly half of buyers are prioritizing silver and fashion collections this season, organizers said.

The “Live Now. Polish Later.” campaign features equestrians wearing the brand’s jewels while galloping across the icy plains of Kazakhstan.

The precious metals provider has promoted Jennifer Ashworth to the role.

Nelson will be honored as the inaugural grant winner at the Gem Awards gala on March 13.

Experts from India weigh in the politics, policies, and market dynamics for diamantaires to monitor in 2026 and beyond.

The American precious metals refiner’s day-to-day operations remain the same post-acquisition.






















