(PRESS RELEASE) RAPAPORT — New York… Rapaport Diamond Corporation (RDC), the US auction and trading company of the Rapaport Group announces the appointment of David Lee as the Chief Executive Officer and Michelle Ickowics as the Chief Operating Officer of the company.
The team will be working together to significantly expand the Group’s auction and trading activities with additional emphasis on gems and jewelry. RDC is currently the world’s largest recycler of diamonds, with auction sales of over 400,000 carats per year. The Rapaport Price List, RapNet, and Information services will continue to be owned and operated by Rapaport USA Inc., a separate company headquartered in Las Vegas, Nevada.
“We are excited to welcome David to Rapaport Diamond Corporation. Working together with Michelle, a 14-year Rapaport veteran, I am confident they will maintain Rapaport’s ethical values as they grow our diamond trading business and expand operations to gems and jewelry. We anticipate increased opportunity in the jewelry trade as elderly consumers sell their jewelry”, said Martin Rapaport, chairman of the Rapaport Group.
