De Beers appoints Cynthia Carroll as Chairman

The Board of De Beers Société Anonyme (“De Beers”) has appointed Chief Executive of Anglo American plc, Cynthia Carroll, as Chairman. Following her appointment, Cynthia Carroll said, “I am honoured to accept the role of Chairman of this great company. Anglo American has been a shareholder in De Beers since 1926. That shared history between Anglo American and De Beers has given me a deep appreciation for the business and the unique nature of diamonds. I look forward to leading the Board and continuing to support the management of the world’s leading diamond company.”

In addition to appointing Cynthia Carroll, the De Beers Board has also appointed two members of Anglo American’s Group Management Committee. The first being Brian Beamish, Group Director of Mining & Technology, who holds over 30 years of mining experience across base and precious metals. Joining him is Peter Whitcutt, Group Director of Strategy & Business Development, with over 20 years of experience at Anglo American in a number of senior finance and strategy roles.

Philippe Mellier, CEO of De Beers Group, added, “I have worked closely with Cynthia since joining the company. De Beers is fortunate to have a Chairman of Cynthia’s calibre, and to add Brian and Peter’s extensive industry experience to the Board. Personally, I look forward to their continued counsel and leadership as we find new ways to enhance De Beers’ leadership position across the diamond pipeline.” All three Board appointments take effect immediately.