David Block to Step Down as CEO of Sarine

Sarine CEO David Block will be leaving the company after nine years at the helm.

Block joined the technology company almost 25 years ago, it said Tuesday. Between 2006 and 2009, he managed the Indian division, where he built the infrastructure that now supports Sarine’s operational and commercial activities, while he established relationships with many leading global diamond manufacturers.

More recently, Block focused on reinforcing the company’s position as provider of advanced technological solutions to the diamond and jewelry retail sector, which included securing a collaboration with De Beers’ Tracr platform. He also drove the company’s acquisition of GCAL as well as its introduction of artificial intelligence (AI)-based grading technology. These initiatives have positioned the company as a key player in the high-end grading segment, advancing from traditional manual grading to advanced technology, Sarine said.

“Leading Sarine over the past nine years, in addition to multiple key executive roles, [have] been the greatest privilege of my professional life. I am so proud of what we have built and accomplished,” said Block. “After 25 years, it is time for my next chapter. First on my agenda is to spend some quality time with my wife and kids before the next adventure.”

Block will be exiting on June 30. Sarine has not announced a replacement.

Image: David Block. (Sarine Technologies)