Charles & Colvard Names New President, CEO

MajorsJun 01, 2020

Charles & Colvard Names New President, CEO

Don O’Connell, the company’s chief operating officer, replaces Suzanne Miglucci, who resigned effective today.

Research Triangle Park, N.C.—Moissanite maker Charles & Colvard has a new leader.

The company announced Friday that effective today, President and CEO Suzanne Miglucci is resigning and will be replaced by Don O’Connell, the company’s chief operating officer.

Don O'ConnellThe release provided no explanation for the departure of Miglucci, who had led Charles & Colvard for nearly five years.

O’Connell has been with the company since 2016.

As COO and senior vice president of the supply chain, he’s managed distribution, operations, and global supply chain, including overseeing gemstone procurement and faceting, jewelry production, merchandising, product development and customer experience

Before joining Charles & Colvard, O’Connell was an executive vice president at OFT Investment & Management Group, a fine jewelry solutions and services group, and prior to that, spent seven years with Berkshire Hathaway-owned Richline Group LLC as vice president of operations & procurement and served on the company’s executive steering committee and acquisition team.

O’Connell will join Charles & Colvard’s board of directors while Miglucci steps down from the board as well.

“We want to thank Suzanne for her visionary and strategic contributions, including pivoting to an e-commerce-driven business, establishing a respected direct-to-consumer brand, building sophisticated digital marketing capabilities, and raising capital to fund future investments,” Charles & Colvard board Chair Neal Goldman said in the company statement announcing O’Connell’s appointment.

“As we transition through the COVID-19 crisis and adapt to the new operating environment, we believe Don’s proven operational ability to deliver efficiency and cost savings while managing the product development and merchandising teams to deliver premium quality jewelry and assortments to our customers will enable us to navigate the necessary changes ahead.”

Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

Policies & IssuesMay 14, 2021
Petra Reaches $6M Settlement Amid Claims of Human Rights Abuses

A report by a nonprofit documented an alleged seven deaths and 41 assaults on artisanal miners at the Williamson mine in Tanzania.

AuctionsMay 14, 2021
Phillips’ New Selling Exhibition Celebrates Female Designers

It features pieces from the likes of Solange Azagury-Partridge, Suzanne Belperron, Marina B, and Silvia Furmanovich.

Recorded WebinarsMay 14, 2021
Watch: Dissecting the Vintage Watch Craze

Watchfinder & Co. US Country Manager Edouard Caumon talks the timepieces retaining value and current marketplace trends.

Brought to you by
How to Engage and Sell to Millennials

Millennials were once feared in the diamond industry, but now this younger generation has become today’s largest diamond buying demographic.

TrendsMay 14, 2021
Piece of the Week: Deirdre Featherstone’s Amber Drop Earrings

They’re perfect for welcoming “Springtime in New York.”

Weekly QuizMay 14, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of May 10-14, 2021.
Take the Quiz
AuctionsMay 13, 2021
The 100-Carat ‘Spectacle’ Diamond Sells for $14M

It sold at the low end of its estimated range at Christie’s jewelry auction in Geneva.

SourcingMay 13, 2021
Fura Gems Launches Membership-Based Marketing Program

The Fura Marketing Council will offer advertising materials, sales training, product promotion initiatives, business consulting, and more.

Brought to you by
A New Golden Age

Gold has had its share of ups and downs over the last 5 decades. Here’s why the metal is having another big comeback.

TechnologyMay 13, 2021
Tacori Bridal Collection Heads to Brilliant Earth

The customization-friendly retailer will carry more than 20 of Tacori’s most popular bridal designs.