A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Rolex’s Stewart Wicht to Retire at the End of 2018
Wicht has been with luxury watch brand since 1975 and has been heading the American market since 2011.
New York—Rolex confirmed Tuesday what some in the watch and jewelry industry already knew—this year will be the last for Stewart Wicht at the helm of Rolex’s U.S. operations.
Wicht, whose official title is president and CEO of Rolex Watch U.S.A. Inc., is slated to retire in December though he will remain on the company’s board of directors.
His successor has not been named, and a spokeswoman for the watch brand said the company had no official statement or further comment on Wicht’s retirement at this time.
Born in London, Wicht spent his formative years shuttling among Pakistan, India and England, eventually earning his bachelor’s degree in business studies from Ealing Technical College (now the University of West London).
He started working for Rolex SA in Geneva, Switzerland, in 1975, overseeing markets in Asia and the South Pacific. He also established and managed the company’s intellectual property department.
Wicht became president and CEO of Rolex Watch U.S.A. in 2011, replacing Allen Brill, who died in November 2010 at the age of 64 after a brief battle with lung cancer.
He manages a team of more than 500 people and represents the brand—arguably the most prestigious and powerful in the U.S. watch and jewelry market—at events around the country.
Wicht has served on the board of the American Gem Society and, for the past three years, has been the chairperson for the Jewelers Security Alliance. Next year, he will receive the 2019 Gem Award for Lifetime Achievement from Jewelers of America.
Outside of the industry, his personal interests led him to join the boards of the American Swiss Foundation, a nonprofit that works to strengthen the relationship between the two nations, and the International Tennis Hall of Fame. (Rolex, incidentally, took over as official timekeeper of the U.S. Open this year.)
Wicht resides in New York City with his wife, Susan, and his daughter, Fiona.
The Latest
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.