|The De Beers Group has announced three new additions to its Executive Committee: Ann Cormack, taking over from Arthur Hewett as Executive Head, Human Resources, as of October 2017; David Prager joining the Executive Committee as Executive Vice-President, Corporate Affairs, with immediate effect; and Nancy Liu as Chief Operating Officer of Forevermark, also with immediate effect.
The company reports that Cormack joins De Beers from Rolls-Royce, where she is responsible for international business development, country-level strategy implementation, government relations and the international corporate presence.
Prager, currently Head of Corporate Affairs for De Beers Group, will continue to lead the global Corporate Affairs team.
Liu, currently Head of Forevermark, Asia-Pacific, will lead the future development of Forevermark, working with teams in consumer markets around the world to drive the global growth of the brand.
De Beers notes that Liu will also retain responsibility for Forevermark in China and Hong Kong, and will continue to work with Stephen Lussier, Executive Vice-President of Marketing for De Beers Group, CEO of Forevermark and Chairman of the Diamond Producers Association, as his role expands to include overall responsibility for all of De Beers Group's downstream business activities.
Commenting on the new appointments, De Beers Group CEO Bruce Cleaver says, "As we position De Beers to capture the opportunities presented by a rapidly changing world, our growth is dependent on adding new voices to our senior leadership. I'm delighted to welcome Ann, David and Nancy to the De Beers Group Executive Committee and I look forward to the contributions they will make. They each bring distinct perspectives, insights and experience that will propel De Beers forward in our mission to connect millions of people around the world with their diamond moments."
Continues Cleaver: "Ann brings an impressive track record to De Beers and is passionate about the development of people and business. As a leader, Ann values continuous improvement and will ensure we continue to strengthen our business by encouraging a culture that values fresh thinking, diverse views and bold action.
"David has led the transformation of De Beers' reputation over the past decade, making us a more open, engaged and progressive company with strong relationships and a compelling brand proposition. With the expectations of our stakeholders and consumers evolving, David will lead our effort to provide confidence in the value and integrity of our business and the diamonds we sell."Nancy has built a strong demand-base in China for Forevermark, and will bring her track record for delivery into her new global role as we continue our journey toward establishing Forevermark as the world's leading diamond brand. Importantly, as we seek new ways to connect with consumers, Nancy will bring deep insight into Chinese consumers and strong experience of the luxury goods sector to the Executive Committee."