Industry News by Nemesis

Firestone Promotes Paul Bosma to CEO

May 15, 2018

 

Firestone Diamonds has appointed industry veteran Paul Bosma to succeed Stuart Brown as CEO from July 1, the company said Monday.  

Bosma (pictured) — who worked for De Beers for 14 years — joined Firestone as mineral-resources manager in 2014, and was promoted to general manager of its Liqhobong mine in Lesotho in 2016. His responsibilities have included overseeing the asset’s ramp-up to commercial production, as well as day-to-day management of site operations. 

“The board, in its succession planning, has been impressed with Paul’s role as general manager of Liqhobong, while his significant experience in the diamond sector, as well as a deep understanding of capital markets, make him the ideal candidate to become the new CEO,” said Lucio Genovese, Firestone’s non-executive chairman. 

Brown, who has been CEO for five years, will leave the company on June 30, with Bosma taking over the following day.

 

Source: Rapaport

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