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Mike Grunza, who holds an undergraduate diploma in mechanical engineering and an MBA from the College of Delaware, has been on the WD Lab Grown Diamonds board since 2020.
He’s served as the corporate’s interim president since August.
Grunza has greater than a decade of expertise with GE Aviation and GE Energy, and, extra just lately, served as CEO of Kind Applied sciences, a worldwide course of engineering and supplies forming firm primarily based in Charlotte, North Carolina.
He stated whereas he’s trying to develop the corporate’s market share in jewellery and diamond electronics, he additionally needs to “explor[e] the boundaries for our diamonds’ software in industrial markets.”
Sue Rechner
Rechner has been WD’s CEO since 2019, coming to the corporate from shoe firm Merrell however with a background in watches and jewellery.
She was the previous president of Victorinox Swiss Military and CEO of Victorinox Swiss Military Watch, and labored for Movado, Seiko, Citizen and Frederick Goldman.
“After three years of management and positioning the corporate for its subsequent stage of progress, Sue sought to retire,” stated Mike Beauregard, a senior companion with Huron Capital Companions, the Detroit-based non-public fairness agency that owns a majority stake in WD.
“The board is grateful to Sue for her management and dedication to the enterprise. We want her effectively in her retirement.”
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