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Gem Diamonds Exec Velloza to Leave

Jul 1, 2018 7:03 AM   By Rapaport News
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RAPAPORT... Johnny Velloza is set to leave Gem Diamonds, two months after his promotion to deputy CEO and chief operating officer.

Velloza will step down on September 15 to become joint CEO of a copper and cobalt company, the miner said Thursday.

Gem Diamonds is currently searching for his successor. In the interim, Gavin Beevers will join the miner as technical adviser on July 1 for an as-yet-undetermined period. The former De Beers technical director has been a member of Gem Diamonds’ board for the past 10 years.

Velloza will still join Gem Diamonds’ board on July 1 in an executive capacity, as planned, and will become a non-executive director after he leaves the company.
Tags: De Beers, Gavin Beevers, Gem Diamonds, Johnny Velloza, Rapaport News, Velloza
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