Bruce Cleaver will become CEO of De Beers Group, succeeding Al Cook.
The diamond giant announced the move today. Cleaver has spent six years at De Beers. Cleaver will become CEO in the new year.
"Bruce has led the business’s transformation across the value chain," said De Beers in a news release announcing the appointment. "During his tenure, the Group has launched the world’s largest and most sophisticated diamond recovery and exploration vessels; redesigned supply agreements with Sightholders to enhance the efficiency of rough diamond distribution; integrated the organisation’s downstream businesses; created Tracr™, the world's only distributed diamond blockchain that starts at the source; launched the Lightbox Jewelry laboratory-grown diamond business; and established and embedded the Building Forever sustainability framework across the Group, including setting 12 ambitious sustainability goals for 2030."
Cook will become co-chairman of De Beers Group, alongside De Beers Group Chairman and Anglo American Chief Executive Duncan Wanblad.
