Peter Tonjes, CEO of Ed Levin Jewelry, purchased the company in February 2012 from its founder, Ed Levin.
Levin, who started making and selling jewelry in 1950, owned the company for more than 60 years.
Tonjes has been working at Ed Levin Jewelry since 1984, where he began his career as a production manger and worked his way up to CEO in 2005.
“I am proud to secure the future of this company," Tonjes said in a statement. "Ed Levin Jewelry has a long history of integrity within the industry.”