Industry experts assume top positions at De Beers

New De Beers top-level officials Ann Cormack, left, executive head of Human Resources; David Prager, executive vice president for Corporate Affairs; and Nancy Liu, chief operating officer of Forevermark

De Beers recently made three additions to its executive committee as the group positions itself at the forefront of a rapidly changing global diamond sector.

De Beers recently made three additions to its executive committee as the group positions itself at the forefront of a rapidly changing global diamond sector.

Ann Cormack is succeeding Arthur Hewett as executive head, Human Resources by October 2017, while David Prager has joined the executive committee as executive vice-president, Corporate Affairs, and Nancy Liu as chief operating officer of Forevermark.  

Bruce Cleaver, CEO of De Beers Group, commented, “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.”

Cormack will join De Beers from Rolls-Royce, where she is responsible for international business development, country-level strategy implementation, government relations and the international corporate presence.

Prior to her current role, she held several commercial roles across industry and the public sector, including managing director for Energy at Xyntéo, chief executive of D1-BP Fuel Crops, and managing director of the Small Business Service in the UK Department for Trade & Industry. Cormack spent the first 20 years of her career with Royal Dutch Shell.

Prager, currently head of Corporate Affairs for De Beers Group, will continue to lead the global Corporate Affairs team in safeguarding consumers’ confidence in diamonds, building strong relationships with stakeholders and communities, and shaping the meaning, impact and potential of the De Beers Group brand around the world.

Prior to joining De Beers in 2006, he was in charge of UK communications for AstraZeneca Pharmaceuticals, and worked for Ogilvy PR in New York and London, providing counsel to clients including GlaxoSmithKline, Merck, Virgin Atlantic and Coca-Cola. David started his career as a White House Intern during the Clinton Administration.

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. She 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.