News

Advanced Search

De Beers Appoints Philippe Mellier as New CEO

Oppenheimer brings Alstom Tranport boss to the diamond industry.

May 16, 2011 4:54 AM   By Avi Krawitz
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... De Beers has named Philippe Mellier as its new chief executive officer (CEO). Mellier is currently president of Alstom Transport and executive vice president of Alstom s.a. and will formally join De Beers in July. The announcement comes 10 months after former CEO Gareth Penny stepped down from the position in July 2010.

“This appointment signals our determination to lead in a rapidly changing world,” said De Beers chairman Nicky Oppenheimer. “In Philippe we have found a proven leader with a reputation for delivering results while shaping businesses for the long term.”

Oppenheimer added that the company was determined to find a leader with a proven track record of delivering large projects, understanding the needs of key stakeholders including government partners and clients, and an instinct for shifting consumer patterns.

As president of Alstom Transport, Mellier oversaw a business with sales of almost $8.5 billion (EUR 6 billion) during the past fiscal year. He had responsibility for 27,000 employees and earned a strong reputation for delivering large capital projects, working with partners and opening new markets, De Beers noted.  

Patrick Kron, chairman and CEO of Alstom noted that during his eight years at the company helm, Mellier developed Alstom Transport’s positions in a number of markets and product lines. “He has notably built a major partnership in Russia, very promising for the future of Alstom Transport,” Kron added.

De Beers is 45 percent owned by Anglo American, 40 percent by the Oppenheimer family, and 15 percent by the Botswana government.

* Pictured: Philippe Mellier (Courtesy www.altsom.com)

Tags: Alstom Transport, Avi Krawitz, De Beers, Phillippe Mellier
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.