Supplier Spotlight Sponsored by GIA
Sarine CEO Uzi Levami to Step Down
He’ll be replaced by David Block, who’s been the company’s deputy CEO and COO since 2012.
Hod Hasharon, Israel--This spring, Sarine Technologies Ltd. CEO Uzi Levami will step down and be replaced by deputy CEO and Chief Operating Officer David Block, the company announced this week.
The 65-year-old Levami, who has been at the helm of Sarine for eight years, is stepping down due to age and for personal reasons.
In a news release announcing the succession, Sarine said, “We would like to express our heartfelt gratitude to Uzi for his stewardship of the group during this period, which commenced during the tumultuous global financial crisis.”
The transition is effective May 1.
Block has been with Sarine since 2001, starting as a product manager before heading Sarin India and then being promoted to deputy CEO and vice president of sales in June 2009.
Since 2012, Block has been both Sarine’s deputy CEO and COO. He also is a director of many of the group’s subsidiaries, including Galatea, Sarin India, Sarin Color Technologies, Sarine Polishing Technologies and Sarine North America.
He holds an MBA from the Kellogg-Recanati School of Business, which is a joint degree from Northwestern University in Chicago and Tel Aviv University in Israel, and a bachelor’s in computer science from the Tel Aviv-Jaffa Academic College in Israel.
Sarine said Block is stepping into the CEO role in a “renewed period of growth” following last year’s recovery from the turmoil that enveloped the diamond market in 2015. The company said it is “confident” he will lead the company to growth in new markets with the launch of its new automated color and clarity grading machines.
Based in Israel, Sarine Technologies Ltd. develops, makes and sells technologically advanced equipment for the planning, processing, evaluation and measurement of diamonds and gems.
The company is listed on the Singapore Exchange Mainboard.
The Latest
Sales will be paused while the relocation takes place over the next few months.
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
The retailer is moving to a newly designed space in the same shopping center.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
The announcement came as the company reported a 23 percent drop in production in Q1.
The three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.