Bruce Cleaver, who has served as De Beers co-chair since stepping down as CEO last year, is leaving the company’s board and will no longer hold that title.
Cleaver will continue with the company in “an advisory capacity,” spokesperson David Johnson tells JCK. Cleaver is also leaving the board of Element Six, the De Beers–owned synthetic diamond manufacturer.
“The focus of Bruce’s role on these boards was to enable a smooth transition of leadership to [current CEO] Al Cook,” says Johnson. “Bruce also supported the finalization of the commercial negotiations with the government of the Republic of Botswana. With the leadership transition complete and with De Beers and Botswana having signed heads of terms for the new agreements, Bruce has delivered on those objectives.”
Anglo American CEO Duncan Wanblad is now De Beers’ sole chair.
(Photo courtesy of De Beers)
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