Helzberg Diamond CEO Resigned, Beryl Raff to Take Post

Marvin Beasley, chairman and CEO of Helzberg Diamond Shops Inc., resigned effective immediately, parent company Berkshire Hathaway said on Monday. He will be succeeded by Beryl Raff.

Berkshire Hathaway did not give a reason for the resignation.

Raff, with more than 25 years of experience in retail jewelry, was executive vice president and general merchandise manager of fine jewelry at J.C. Penney Co. Before that, she headed jewelry retailer Zale.

“(Raff) will bring a finely balanced blend of merchandising instinct and analytical sharpness to her new position,” Warren Buffett, Berkshire’s chairman and CEO, said in a release.

Kansas City-based Helzberg Diamonds was founded in 1915 and has nearly 270 retail jewelry stores nationwide.