News

Advanced Search

Kelley Joins Scio Diamond Tech.

Dec 7, 2012 1:21 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Scio Diamond Technology Corp.  appointed Steve Kelley as its new chief executive.  The company stated that Kelley brings nearly 20 years of leadership experience in the technology business sector to the firm. Previously, Kelley (pictured) was a board member for Switch Lighting, a senior advisor at Advanced Technology Investment Corp., an executive vice president at Cree and vice president at Texas Instruments, according to his LinkedIn profile.scio diamond

Ed Adams, the chairman of Scio's board, said, "We are delighted that Steve has accepted our offer to lead Scio. His diverse skill set, international business experience and technical acumen are a great fit for the company. In many ways, we see Cree, Steve's former company, as an aspirational model for Scio and where it might go.  From that perspective, Steve's experience leading high-growth technology businesses fits ideally with Scio's continuing and rapid evolution toward large-scale production of diamond material.  I'd also like to thank Joseph Lancia for his service to the company. He helped make Scio a commercially viable enterprise with excellent growth prospects."

Kelley stated, "I am very impressed with Scio's growth potential. The fundamentals are excellent -- a well-established and patent-protected technology, strong customer demand, moderate capital intensity and good gross margins. Scio diamonds are an eco-friendly alternative to mined diamonds. Scio has the potential to be a phenomenal business."

Tags: Jeff Miller, scio diamond
Similar Articles
De Beers Unveils Blockchain PlansDe Beers Takes Further Blockchain Step
Jan 16, 2018
De Beers is piloting blockchain technology for the diamond industry, working with a small number of participants to test
Sarine GalaxySarine Unit to Sue over Alleged Fraud
Jan 07, 2018
Sarine Technologies subsidiary Galatea will be taking legal action against a manufacturer in Surat, India, claiming fraudulent
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.