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Veteran of world industrial business has served on WD Lab Grown Diamonds’ board since 2020.
BELTSVILLE, Md., December 15, 2022–(BUSINESS WIRE)–WD Lab Grown Diamonds (“WD”), a number one producer of enormous, ultra-high-quality laboratory grown diamonds for the jewellery, scientific and industrial markets has promoted Mike Grunza to CEO as a part of WD’s management succession plan.
“I’m excited to leverage our operational and modern excellence with the WD group and accelerating our positions within the diamond luxurious and diamond electronics markets,” stated Mike Grunza. “I’m wanting ahead to each increasing our capabilities in present markets in addition to exploring the boundaries for our diamonds’ software in industrial markets.”
Grunza beforehand served as CEO of Kind Applied sciences, a Charlotte, N.C., world course of engineering and supplies forming firm since 2020. A veteran of Basic Electrical Aviation and GE Energy and Water, he has deep technical & software program acumen and a depth of expertise in metals and supplies companies. Grunza has served on WD’s board since 2020 and Interim President since August 2022.
“Over the past two years, the Huron Capital group has been impressed with each facet of Mike’s acumen within the house, his relationships, and his imaginative and prescient for WD,” stated Brian Walker, Accomplice with Huron Capital Companions. “Mike’s management will help our ambition in each the diamond luxurious and diamond electronics markets and our group has already benefited from his operational and monetary efficiency optimization expertise. He’s the pure successor to Sue Rechner.”
“After 3 years of management and positioning the corporate for its subsequent stage of development, Sue sought to retire. The board is grateful to Sue for her management and dedication to the enterprise. We want her effectively in her retirement.,” stated Mike Beauregard, Senior Accomplice with Huron Capital. “I’m extremely assured that this group is on a path to seize its potential and drive a era of development.”
About Huron Capital
Huron Capital brings a people-first and thematic method to personal fairness investing in secularly related and fragmented sectors of the North American providers business. We satisfaction ourselves on an unwavering dedication to candor, belief, accountability, and transparency in {our relationships} with administration groups, traders, advisors, and workers.
Based in Detroit in 1999, we accomplice with entrepreneurs and administration groups, empowering their corporations to new ranges of excellence. We offer assets to assist corporations develop by professionalizing operations, bettering service choices, executing M&A methods, and accessing new markets.
Huron Capital has managed over $1.8 billion on behalf of a world institutional investor base. We fulfill our dedication to all stakeholders by using a repeatable playbook to drive considerate worth creation, showcased in over 250 acquisitions because the agency’s inception.
About WD Lab Grown Diamonds
Based mostly within the Washington D.C. space and based in 2008, WD Lab Grown Diamonds is a market chief in Chemical Vapor Deposition (CVD) diamonds, with its diamonds licensed by the Worldwide Gemological Institute, amongst different labs. The Firm additionally affords new applied sciences and functions for diamonds in industrial settings. WD Lab Grown Diamonds is the unique licensee of a portfolio of patents masking single crystal CVD diamond development know-how developed by The Carnegie Establishment of Washington. WD is majority-owned by Huron Capital Companions. For extra data, go to www.wdlabgrowndiamonds.com.
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Contacts
Jonathan Marino
Prosek Companions
[email protected]
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