London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
Industry Veteran Scott Sedlacek Joins Goldiam
He is the new vice president of sales and business development, and will represent the company’s natural and lab-grown diamond lines.
New York—An industry veteran with retail, wholesale, manufacturing and marketing experience has joined the Goldiam USA team.
Scott Sedlacek is the new vice president of sales and business development for the jewelry manufacturer.
He will represent both the natural diamond collection distributed by Goldiam USA since 2008, as well as the company’s lab-grown diamond offerings.
Previously, the company sold its lab-grown diamond production exclusively into the wholesale market, offering loose stones to other manufacturers only.
One of India’s largest jewelry manufacturers, Goldiam is based in Mumbai and has multiple facilities in the city’s SEEPZ district, a special economic zone. The company said it is the only manufacturer with Responsible Jewelry Council certification to combine a proprietary production of man-made diamonds with company-owned-and-operated jewelry manufacturing.
Sedlacek joins Goldiam USA, which is headed by CEO Devang Jhaveri, after working as the director of retail operations at Gabriel & Co., and spending a year as president of sales and business development at R.A. Riam Group Inc. and its lab-grown diamond division, Altr Created Diamonds.
He also worked for five years as a vice president and board member at Wilmington, N.C.-based chain Reeds Jewelers.
“As retail continues to evolve, manufacturers must help their partners in the vital e-commerce realm, and Goldiam is a leader in being able to drop-ship for our retailers,” he said in a press release announcing his hire.
“I am very excited to be able to offer the extensive collections of mined and lab-grown diamond jewelry with both great prices and service.”
Sedlacek can be reached via email at Scott@Goldiam.com.
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