Diamonds / Industry

WD Lab Grown Appoints Brooks Brothers, Timex Veterans


WD Lab Grown Diamonds has appointed Elda Fistani (pictured), formerly the chief revenue officer of Brooks Brothers’ jewelry division, as the company’s new chief revenue officer, and Herb Doscher as its vice president of operational planning.

The appointments come as “WD solidifies its global market leadership position in the category,” read a statement, in which the company called itself the “leading U.S.-based producer of laboratory grown diamonds.”

As chief revenue officer, Fistani will lead the company’s global wholesale sales function, defining its omnichannel sales and international growth strategy. The company recently debuted a cosumer-facing lab-grown brand, Latitude.

Prior to her time with Brooks Brothers, Fistani served as chief operating officer and managing director at Nomination Italy Jewelry, according to LinkedIn.

“We look forward to growing our business to new heights while remaining steadfast in our commitment to sustainability, integrity, and transparency,” said Fistani in the same statement.

As vice president of operational planning, Doscher will oversee demand and supply planning.

Before joining WD, Doscher spent 14 years within Timex Group’s supply chain management division, where he most recently held the role of vice president, operations planning.

Prior to that, Doscher held supply chain management roles at Victorinox Swiss Army and Movado Group.

Herb Doscher, WD’s new vice president of operational planning

Earlier this year, WD was certified climate neutral and achieved the highest-level sustainably rating from SCS Global Systems. It also purchased rival grower J2 Materials.

On the downside, it also lost a long-running legal battle against Fenix Diamonds over Carnegie Institution of Washington’s chemical vapor deposition (CVD) patents, which have been licensed by WD. The two parties are now tussling over Fenix’s bid to pursue its remaining counterclaim, which would invalidate Carnegie’s original CVD-growing patent.

The Washington, D.C.–based WD Lab Grown is jointly owned by Huron Capital, WD’s management, members of its board of directors, and the Carnegie Institution of Washington.

(Photos courtesy of WD Lab Grown Diamonds)


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By: Rob Bates

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