Sarine appoints Mr. David Block as CEO

Sarine appoints Mr. David Block as CEO

Welcomes the new head following Mr. Uzi Levami’s decision to step

Sarine Technologies Ltd appointed Mr. David Block as Chief Executive Officer (CEO), following Mr. Uzi Levami’s decision to step down due to his age (65) and for personal reasons. Mr. David Block will assume the new role effective 1 May 2017 and Mr. Levami will continue serving as an Executive Director of Sarine, as well as a Director of all of its subsidiaries.

Mr. Block has been the Group’s Deputy CEO and Chief Operating Officer (COO) since 2012. He is also a Director of many of the Group’s subsidiaries, including, primarily, Galatea, Sarin India, Sarine Color Technologies, Sarine Polishing Technologies and Sarine North America. Prior to this appointment, from June 2009, Mr. Block was Deputy CEO and VP of Sales. Previous to this, during beginning January 2006, Mr. Block was the CEO of Sarin India, and has also been a Product Manager responsible for all the products aimed at the diamond manufacturing market, commencing 2001.

In his various roles in India and Israel, David has been key in the successful rollout of the GalaxyTM family of inclusion mapping systems and the definition and initial positioning of the Sarine ProfileTM and its components – the Sarine LightTM and Sarine LoupeTM. He has been the Group’s Deputy CEO for the past nine years during which he was Chief Operating Officer (COO) for five years.

Sarine noted that he is assuming the role of CEO during a renewed period of growth following the recovery in 2016 from the industry turmoil of 2015. With the launch of the Group’s new technologies for automated grading of Clarity and Colour, we are confident Mr. Block will lead the Group to new growth in new markets.

Mr. Levami has decided to step down from managing the Group after eight years (2009 – 2016), during which the Group experienced dramatic growth and expansion. Sarine expressed its heartfelt gratitude to Uzi ‘for his stewardship of the Group during this period, which commenced during the tumultuous global financial crisis’.

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