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    QONEQT in News

    10-Oct-2022 11:04 AM


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    Top diamond producer De Beers names Equinor's Cook as new CEO By Reuters

    The company name of De Beers is displayed in Hong Kong, China September 14, 2016.

    REUTERS/Bobby Yip AAL -0.65% Add to/Remove from Watchlist LONDON (Reuters) -Anglo American's De Beers has appointed oil and energy industry executive Al Cook as its new chief to replace Bruce Cleaver, who steps down after eight years at the helm of the world's top diamond producer.

    "I look forward to working closely with De Beers' people, customers, governments and other stakeholders to ensure that De Beers continues to lead the industry and deliver sustainable and purpose-driven value," Cook said in a release.

    Cleaver will become co-chairman of De Beers Group.
    He took the top job in 2016, after sales stagnated due to a slowdown in the Chinese economy.
    Source: Investing.com
    #DeBeers