"The Work Begins Now": Shai Schnitzer Elected President of the Diamond Exchange
The 47-year-old diamond dealer, who also serves as Honorary Consul of Lithuania in Israel, was elected to the position in elections held today • In his speech, he addressed the crisis in the industry and…
Assessment
Shai Schnitzer, a 47 year old diamond dealer and honorary consul of Lithuania, won the election to head the Israel Diamond Exchange. He inherits an industry in crisis, with empty offices and American tariffs threatening its core business. His immediate priority is fighting those tariffs. The real test is whether he can reverse the hollowing out of the exchange itself.