Posted on Feb 29, 2016 in Events, News | No Comments

First Ever D.E.F. Lifetime Achievement Award Recipient

New York, NY; March 1, 2016 – The Diamond Empowerment Fund (D.E.F) will present its first ever “Diamonds Do Good” Lifetime Achievement Award to Nathan R. “Nate” Light, former Chief Executive Officer of Sterling Jewelers Inc., at its “Diamonds Do Good” Awards gala in Las Vegas, June 2 at the Four Seasons Ballroom.

D.E.F’s “Diamonds Do Good” Lifetime Achievement Award will be an annual award which reflects the body of work of an individual who has promoted the importance of developing social purpose programs and charitable giving to help communities where the diamond industry does business. Light, who built an immensely successful business, epitomizes this ideal.

One of the diamond and jewelry industry’s most renowned philanthropists, Light was active beginning in the 1980s with the Foundation Fighting Blindness and then helped organize the industry’s “Party With a Purpose” at JCK Las Vegas in 1994, where today’s Jewelers For Children (JFC) “Facets of Hope” Gala has its roots. Light helped galvanize giving around industry charities, and because of his early efforts, today, more than $48 million has been raised by the industry for JFC to benefit children in need around the world.

Nate Light joined Sterling Jewelers Inc. in 1977 and helped grow the company from a modest chain of 32 stores to a national powerhouse retailer with more than 1,000 stores, 14,000 employees, and annual revenues of nearly $1 billion. Sterling, a unit of Signet Jewelers Ltd., led by Chief Executive Officer Mark Light, continues the tradition of philanthropy through its support of Jewelers For Children, St. Jude Children’s Research Hospital, Akron Children’s Hospital, American Cancer Society, American Heart Association and the Diamond Empowerment Fund, where Signet Chief Operating Officer Ed Hrabak serves as vice president of the board of directors.

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