Connect with us

Headlines

De Beers CEO Resigns After Five Years at the Helm

mm

Published

on

Replacement to take over on July 1.

Philippe Mellier has resigned as CEO of De Beers and will be succeeded by Bruce Cleaver, who will take the reins on July 1, according to Rapaport. The article says that Mellier steps down from the position five years after he joined the diamond mining company. The change, the article adds, comes after Martin Rapaport called on Mellier to resign last November, “arguing the company’s refusal to lower rough prices was ‘destroying’ the diamond trade. De Beers later claimed rough prices declined 15 percent during 2015.”

Read more at Rapaport

Advertisement

SPONSORED VIDEO

Ready to Relocate? Wilkerson Makes Your Move Seamless

When Brockhaus Jewelry decided to leave their longtime West Main Street storefront for a standalone building elsewhere in Norman, Oklahoma, owners John Brockhaus and Brad Shipman faced a familiar challenge: how to efficiently reduce inventory before the big move. Their solution? Partnering with liquidation specialists Wilkerson for a second time. "We'd already experienced Wilkerson's professionalism during a previous sale," Shipman recalls. "But their approach to our relocation event truly impressed us. They strategically prioritized our existing pieces while tactfully introducing complementary merchandise as inventory levels decreased." The carefully orchestrated sale didn't just meet targets—it shattered them. Asked if they'd endorse Wilkerson to industry colleagues planning similar transitions—whether relocating, retiring, or refreshing their space—both partners were emphatic in their approval. "The entire process was remarkably straightforward," Shipman notes. "Wilkerson delivered a well-structured program, paired us with a knowledgeable advisor, and managed every detail flawlessly from concept to completion."

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Latest Comments

Most Popular