InvestorsHub Logo
Followers 0
Posts 160
Boards Moderated 0
Alias Born 06/14/2004

Re: None

Friday, 07/02/2004 11:43:33 AM

Friday, July 02, 2004 11:43:33 AM

Post# of 99
NEW DIAMOND TRADING COMPANY EXECUTIVE TEAM ANNOUNCED
July 01, 2004
Gareth Penny, Managing Director of the Diamond Trading Company (DTC), has announced his new executive team – a diverse team that represents five nationalities and has over 200 years of accumulated experience within the Group. “We have every confidence this team will provide the leadership we will need to meet the demands of the next few years. We may work in the DTC but we are all part of one organisation focused on the mining and marketing of natural gem diamonds,” says Gareth Penny.

Purchasing Director Des Cavanagh joined DTC in 1977 as a diamond sorter and valuer. He has held a variety of positions with the De Beers Group with executive responsibilities in the Sales department. Des, who has had close involvement with all the main diamond cutting centers, is currently the Managing Director for the Diamdel group of companies.

Des Cavanagh

Sorting Director Brian McDonald joined DTC in 1970 also as a diamond sorter. In 1981, as the Jwaneng mine came on stream, he set up the sorting operations in London and then took this team over to Botswana. Following a posting as General Manager at BDVC he returned to London in 1996 as Director of Sorting.

Brian MacDonald

Sales Director Varda Shine came to the DTC in 1997 having worked for 14 years at Diamdel Israel. Since joining the DTC she has worked in most areas of the Diamond Division and in the last few years she has been heavily involved in projects directly related to the implementation of the DTC’s new strategic plan.

Varda Shine

Marketing Director Stephen Lussier joined the DTC as the marketing director for the US and Canada in 1985 from NW Ayer, the advertising agency, in New York. He served as director for the Asia-Pacific region before becoming Executive Director for Marketing in 2002. Stephen will serve as Gareth’s deputy in London.

Stephen Lussier

External Relations Director Rosalind Kainyah qualified as a barrister in 1988 and joined the DTC in 2002 as the company’s commercial lawyer. She has also advised other De Beers Group companies on matters of corporate governance, the legal implications of proposed strategic projects and on public relations. Prior to joining the DTC, Rosalind was an environmental lawyer advising UK government departments and agencies on environmental policy and legislation. She also worked briefly as an environmental lawyer for Anglo American Corporation of South Africa.

Rosalind Kainyah

Human Resources Director Leon Smith joined DTC in February 2004 from De Beers’ head office in Johannesburg. He joined De Beers in 1990 from Anglo American Corporation’s Gold Division. Following a variety of different HR positions in a number of De Beers mines in South Africa, Leon was transferred to Head Office where he was involved in a range of strategic HR transformation initiatives, including the organisational workstream responsible for the restructuring of De Beers Consolidated Mines into a distinct South African mining company.

Leon Smith



Finance Director Mike Page joined the DTC in 1988 as financial controller. After De Beers secondments to various different countries in Africa, including three years as Group Financial Manager with Debswana, he returned to the DTC in 1998 as Manager of the Finance Department. He is a Member of the Associate Institute of Chartered Accountants.

Mike Page

Research & Development (R&D) Director Martin Cooper joined the DTC R&D department in 1978. He has a BSc in Physics and an MSc in Materials Science from London and Bristol universities respectively, and is a specialist in diamond and laser physics.

Martin Cooper

Pricing and Supply Chain Control Director Alan Campbell joined the DTC in 1980 and spent seven years as a negotiator for De Beers’ southern African production. He established De Beers’ representative office in Moscow and stayed there for four years as the DTC’s resident diamond expert, participating in contractual negotiations with Alrosa and the Russian government. He joined the DTC sales department in 1996 and as one of the architects of Supplier of Choice he devised the Policyholder Statement documentation. As head of Sales Planning Alan has overhauled the DTC’s distribution process, conceiving and implementing the ITO system, which is the client selection and allocation process that underpins DTC’s Supplier of Choice strategy.



Alan Campbell












Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.