Stanley Schechter, Jewelry Industry Mogul, Dies

One of the jewelry industry’s most vibrant personalities, Stanley Schechter, chairman of Honora Industries, died suddenly in Bangkok on Dec. 7, while on a business trip. His passing came as a shock to both family and friends because he had no history of serious illness.

Though he was best known for his extraordinary work in the pearl sector, his influence and dedication touched virtually all facets of the jewelry industry for more than 50 years.

Schechter was twice president of the Cultured Pearl Association of America (CPAA), past president of the Plumb Club, former treasurer of the 24 Karat Club, and an executive board member of the Jewelers Vigilance Committee (JVC). In addition, he was recognized by many charitable organizations for his philanthropic leadership and was honored by both the United Jewish Appeal (UJA) and American ORT for his work.

Schechter formed his company with partner Jerry Grossbardt in 1947. Since its founding, Honora Industries has grown into one of the most prestigious jewelry companies in America.

Friends and colleagues described Schechter as a man strongly devoted to his own beliefs, with an uncommon passion for humanity. “Stanley was a truly unique man,” said Marvin Markman, chairman of Suberi Brothers. “Although he was a man of unwavering principle, he also was a man who reflected the best in all of us-the ability to forgive and a genuine concern for his fellow man, no matter what his status in life might be.”

These sentiments were echoed by Raymond Mastoloni Sr., president of the Cultured Pearl Association of America and a close colleague of Schechter. “I knew Stanley for over 40 years,” said Mastoloni. “He was the type of person who always let you know where he stood on matters. Stanley cared little for the politics of business, but he touched us all through his integrity. The pearl world has lost a leader and I have lost a dear friend.”

Schechter is survived by his wife Betty, son Joel, daughter Roberta, and grandsons Michael and Daniel.