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De Beers Appoints Cutifani as Chairman

Jul 18, 2013 7:32 AM   By Jeff Miller
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RAPAPORT... The board of directors for De Beers Société Anonyme appointed Mark Cutifani, the CEO of  Anglo American plc, as the chairman of the De Beers Group. Cutifani said that De Beers 125 year heritage, experienced management team and unparalleled understanding of the unique nature of the diamond market, make it the world’s leading diamond company.

''From De Beers production and projects portfolio, to its iconic brand and proven ability to open new markets, the company is poised to capture the considerable opportunities in front of us as diamond demand outpaces supply for years to come. I look forward to working with the board and continuing its support of the De Beers leadership team, headed by Philippe Mellier,'' Cutifani said.

Mellier, the CEO of De Beers Group, stated, “De Beers is delighted to gain a chairman with Mark’s operational experience and track record for leading large organizations. Mark is clearly a highly respected leader and the employees of De Beers join with me in welcoming him into a great company. I look forward to working with Mark as we find new ways to enhance De Beers leadership position across the diamond pipeline and create value for our shareholders, partners, customers and consumers.''
Tags: Anglo American, chairman, De Beers, Jeff Miller
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