In a strategic move to bolster its leadership and fuel growth, The 1916 Company, a conglomerate formed from the merger of leading watch platform WatchBox, Govberg Jewelers, Hyde Park Jewelers, and Radcliffe Jewelers, has announced significant shifts in its executive ranks.
Philadelphia-based The 1916 Company, which embarked on this new venture in late 2023, sees its former global CEO and WatchBox co-founder, Justin Reis, stepping into the role of chairman. John Shmerler, previously co-leading the company’s authorized retail network with Damon Gross of Radcliffe Jewelers, will now helm the company as its new CEO. Gross has been appointed president, and Danny Govberg, a key figure in the merger and a third-generation owner of Govberg Jewelers, will focus on the company’s vision and strategy.
With a storied career spanning over three decades in the watch and jewelry sector, Shmerler is recognized for his insightful leadership and commitment to fostering a customer-centric business. “This new chapter with The 1916 Company is exhilarating, and I look forward to leveraging my industry insights to drive growth while enhancing our client relationships,” Shmerler expressed.
The 1916 Company, which aims to be the premier global platform for watch enthusiasts, has seen remarkable growth since its inception. Justin Reis lauded Shmerler’s appointment as CEO, noting his enthusiasm for the industry and strong connections with top watch and jewelry brands. “John’s passion and expertise are invaluable as we continue to strengthen our global presence,” Reis commented.
This leadership transition aligns with The 1916 Company’s ambitious plans to invest in a community-centric approach, deepen customer engagements, and bridge the new and pre-owned watch and jewelry markets. The merging entities will undergo a phased rebranding process, eventually uniting under The 1916 Company banner.
A significant milestone in this journey is the launch of a unified website slated for the second quarter of this year. Shmerler highlighted, “Our new online platform will offer an extensive portfolio of authorized brands and an unmatched selection of pre-owned items, creating a comprehensive destination for collectors.”
Additionally, The 1916 Company is set to expand its U.S. retail footprint, beginning with a new store in Baltimore and plans for a Philadelphia location later this year. A multi-brand boutique in Manhattan Beach, California, is also on the horizon for 2025.
As The 1916 Company gears up for this exciting phase of growth and innovation, its leadership team, guided by Shmerler, is poised to elevate the watch collecting experience for enthusiasts around the world.
