Compass Diversified Announces Appointment of Joshua Gaynor as President of Lugano Diamonds

WESTPORT, Conn., March 05, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI), an owner of leading middle market businesses, proudly announces the appointment of Joshua Gaynor as the President of its subsidiary, Lugano Diamonds & Jewelry Inc., effective March 4th, 2024. As President, Mr. Gaynor will work closely with Lugano Diamonds’ CEO and Co-Founder, Moti Ferder, and the executive team, helping to lead the day-to-day business operations and growth strategies with a particular focus on sales, marketing, and client experience. Mr. Gaynor will also oversee Lugano’s private member club, Lugano Privé.

Gaynor brings nearly two decades of experience working at luxury brands, most recently with BVLGARI serving as Managing Director of High Jewelry North America, and was responsible for the successful expansion of the high jewelry category across the United States and Canada. His prior roles as both Vice President of Marketing and Communications for Fendi and as Director of Marketing and Communications at Bottega Veneta also showcase his expertise in leveraging partnerships to grow the brands’ presence and sales significantly.

Established in 2004 by Moti and Idit Ferder, Lugano Diamonds is a distinguished diamond and jewelry company known for crafting unique, wearable masterpieces. With salons in Newport Beach, Aspen, Palm Beach, Ocala, Houston, Washington, D.C., Greenwich, and a London salon expected to open in April 2024, Lugano Diamonds also demonstrates its commitment to being a responsible steward by actively supporting philanthropic initiatives and giving back to communities.

"We are thrilled to announce Josh’s appointment to the newly created role of President at Lugano Diamonds," said Moti Ferder, CEO and Co-Founder of Lugano Diamonds. "Josh brings a wealth of cross-functional leadership expertise to our esteemed team. His genuine dedication to cultivating strong and meaningful client relationships aligns seamlessly with Lugano's core mission, making him a valuable addition to our company."

Patrick Maciariello, Chair of Lugano’s Board of Directors, commented: “Josh has an impressive record of developing and executing growth strategies at iconic consumer brands. We believe he is the ideal choice to help continue to build on Lugano’s already impressive growth, working with Moti and the rest of the executive team to expand the organization globally while also maintaining the high-touch client experience Lugano is known for.”