Case Study

Search Details

Job Title: CEO
Seniority: Executive level
Search Type: Retained search
Job Location: Baltimore, MD
Link to job description
WD Lab Grown Diamonds

Our Client

Company: WD Lab Grown Diamonds
Ownership: Huron Capital
Company Industry: Watches & Jewelry (Lab Grown Diamonds)
Company Type: Private Equity Backed
Client contacts: Private Equity Partner, Private Equity Principal

Company Description

Our client is a Private Equity firm that has invested in a manufacturer and distributor of lab-grown diamonds. The company is profitable and presents tremendous growth opportunities.

Search Overview

The company had primarily focused on its industrial and technical strategy, experiencing steady but organic growth. With mature product processes, the company was poised for expansion in both production and distribution, aiming to position their diamonds in the luxury watches and fine jewelry market.

Search Challenges

Finding an experienced CEO with strong previous experience in the Watches and Jewelry (W&J) industry, who will be capable of establishing strategic partnerships with prestigious brands and ensuring that lab-grown diamonds secure a prominent place in the world of luxury goods.

Our Executive Search Strategy

  • Strong P&L experience
  • Experience in the luxury watches and/or fine jewelry industry
  • Strategic and visionary
  • Business acumen and financially educated, able to partner with and report to the private equity fund

Our Executive Search Process

  • Kick-off call with the Private Equity Partner in charge of HR, the Private Equity Principal, and board member of that portfolio company.
  • Mapping of most fine jewelry and luxury watch companies in the US
  • Identification of most of their SVP and C-level executives
  • Direct approach to all contacts, including executives in our network and referrals
  • Weekly progress calls, based on our exhaustive progress report tool

Final Outcome

  • 120 executive candidates contacted
  • 44 interviewed by ACCUR’s Senior Recruitment Consultant and by ACCUR’s Managing Partner
  • 9 candidates presented
  • The hired candidate is an experienced CEO with a strong background in fine jewelry and luxury watches, as well as in FMCG and outdoor sporting goods.

Contact A Recruiter

More Watches & Jewelry Industry Case Studies

Watches & Jewelry Industry Testimonials

Watches & Jewelry Industry Insights

  • June Jobs Report 2023

    The June Jobs Report, released by the Bureau of Labor Statistics, showed job gains of 209,000. This report reveals a slightly tempered arc of job growth, perhaps a sign that…

    Read More…

  • Recruiting for E-Commerce Operations & Third Party Logistics

    Globalization, the pandemic, and the rapid adoption of online shopping have radically transformed the demand and job description for e-commerce executives who specialize in logistics, operations and fulfillment. Today, we’re…

    Read More…

  • Job Interview Questions for E-Commerce

    Here at ACCUR Recruiting Services we are frequently asked to seek out executive candidates for the E-Commerce industry, in roles ranging from Head of E-Commerce to Director of Digital and…

    Read More…