Rapaport Group Gets New CEO as Founder Takes “Step Back”

By Rob Bates | April 29, 2025

The Rapaport Group of companies has appointed Dan Mano CEO.

In his new role, Mano will lead the Israel-based group’s global businesses, including trading network RapNet, Rapaport Auctions, the Rapaport Price List, and Rapaport Information Services (including its news website).

Founder and namesake Martin Rapaport, who had been the group’s chairman and CEO, will become its executive chairman starting in July.

“Martin is not retiring and he will be involved in oversight of the price list,” says Mano, who joined the company on April 1. “But he is taking a step back.”

Mano says the “core approach” to the widely watched Rapaport Price List will remain the same: “It will be independent and have no financial interest in the prices.”

And Mano assures JCK that Martin Rapaport will continue to speak his mind.

“Martin is a legend in the industry,” he says. “He will keep saying what he thinks and will probably have more time to do thought leadership and events.”

Mano previously served as a manager and chief marketing officer for Perion Network, a NASDAQ-listed advertising tech firm. Prior to that, he served as chief revenue officer at MyHeritage, a genealogy company that was eventually acquired for $600 million.

“My bread and butter is developing technology,” he says. “I think it is a big step that the board wanted to hire someone with a tech background.”

His plans include using the company’s wealth of diamond data “to bring new tools to the diamond industry, remove friction, and make the market more transparent.”

Mano notes that while he’s a newcomer to the diamond industry, he has long lived in Ramat Gan, Israel, and when he was recruited for the job, he made a few phone calls, and quickly understood Rapaport’s importance.

“The first time I was walking with Martin in the bourse, people wanted to take their picture with him,” he says. “I quickly understood I was dealing with a unique company.”

Rapaport said in a statement: “Dan brings the leadership and technological vision that will propel Rapaport [Group] into its next chapter. Our mission remains the same: to make diamonds a force for good. We are committed to the creation of ethical, transparent, competitive and efficient markets that support fair trade and sustainable development.”

Photo credit: Orna Gutman Levy (courtesy of Rapaport Group)