Subscribe & Follow

Advertise your job vacancies

Jobs

Computer Lab Teaching Assistant Cape Town
Vehicle Technician East Rand
Administrator (Internal Sales Department) Vereeniging
Counsellor George
Senior Data Analyst (SQL - ODS) Cape Town
Senior Information Manager Johannesburg
Lecturer: Management Studies-Supply Chain (Part-Time) Port Elizabeth
Service Workshop Manager East Rand
Sales Associate Nelspruit
Sales Representative Nelspruit

De Beers taps new chairman, ending long dynasty

10 Oct 2012

JOHANNESBURG: The world's leading diamond company De Beers appointed Anglo-American CEO Cynthia Carroll as its new chairman Wednesday, spelling the symbolic end of one of the corporate world's longest-running dynasties.

Carroll replaced chairman Nicky Oppenheimer, who stepped down in August when his family sold its stake, giving Anglo American a 85 percent control of the storied, and sometimes controversial firm.

De Beers, founded in 1888 by Cecil Rhodes, has been run by Oppenheimer family members or trusted associates since the late 1920s.

The Botswana government owns the remaining 15 percent of the company.

"I look forward to leading the board and continuing to support the management of the world's leading diamond company," Carroll said in a statement.

Carroll is currently chief executive of Anglo American, one of the world's largest mining companies.

Source: AFP via I-NET Bridge

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za