Spence Diamonds Appoints Veeral Rathod as its New CEO
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Spence Diamonds, known for lab-grown diamonds in the retail sector, has named entrepreneur Veeral Rathod as its new CEO. Rathod will lead the company from its Dallas offices, an official release says.According to the official release, “Spence¸ which is VanSpence Diamonds Appoints Veeral Rathod as its New CEO
Spence Diamonds, known for lab-grown diamonds in the retail sector, has named entrepreneur Veeral Rathod as its new CEO. Rathod will lead the company from its Dallas offices, an official release says.According to the official release, “Spence¸ which is Vancouver-based was the first brick-and-mortar diamond retailer in North America to focus its business on its proprietary lab-grownArtisan Created Diamonds™, which are physically, chemically and optically identical to mined diamonds, while also selling the earth-mined counterparts side by side”.Rathod has been with the company since September 2018. He was brought on to lead marketing and brand transformation as CMO and was also being groomed to take over the reins of the company.“Elevating Veeral to CEO is the culmination of the plan we've had for him since day one,” said Spence Executive Chairman Eric Lindberg. “He brings not only a dynamic entrepreneurial spirit to the company as we expand, but also a strong background in customization, salesforce management, brand building, innovation and customer experience.”Prior to this, Rathod was the CEO at J. Hilburn, the world's first custom men's lifestyle brand, which he co-founded in 2007 and ran through April 2018. The company received coverage in national media as a pioneer in omni-channel retail, that connected with clients through personal stylists, digital platforms, and physical retail stores. Rathod also has extensive experience in finance, having served as vice president at Greenhill Cogent and as an M&A analyst at Credit Suisse First Boston, Technology Group.“Just as we reimagined the luxury menswear space, my vision for Spence is to transform the diamond retail space through education about lab-grown diamonds, which are increasingly becoming the stone of choice for millennials who want value, sustainability and ethical production methods,” said Rathod.In the diamond business for 40 years, Spence Diamonds is the only diamond retailer to showcase lab-grown Artisan Created Diamonds side by side with earth-mined diamonds. With stores featuring up to 2,500 engagement ring designs in open display cases for customers to easily try on, the Spence model is built on transparency, choice, and customization. https://www.blouinartinfo.com/ Founder: Louise Blouin Read more