Jewellery line by Sunita Shekhawat launched by Notandas Jewellers

The collection comprises beautiful necklaces, earrings and bracelets and bangles.

Post By : IJ News Service On 10 December 2014 10:56 PM
Gareth Penny
In an unexpected announcement contained within its half yearly results’ press release under the sub-head ‘Management Change’, De Beers broke the news to the world that Gareth Penny, CEO of the company for the last five years “believes it is an appropriate time for him to step down”. %% Penny has not only been at the helm of affairs at De Beers for the last five years, but also led the company during the global financial crisis and subsequent recovery, and was clearly one of the most well known faces among the senior management.%% Over the last ten years Penny held various responsibilities in the London headquarters of the company beginning with his appointment as Director of Sales and Marketing of the DTC in 2001. He was elevated to the Board of De Beers in 2003, and became Group Managing Director (and later Group CEO) of De Beers in March 2006. %% He is widely recognised as one of the prime architects of the shift in the business model of De Beers in the new millennium that began with the Strategic Review. The company shifted its focus from supply side management of the rough diamond business to demand-driven initiatives to boost polished diamond sales and generate stronger growth in the face of increased competition from other luxury goods categories.%% The statement did not mention the exact date on which Penny would hand over the reins, only noting that he would step down in the coming months to pursue new opportunities. %% It added that a process is underway to identify a successor, during which time Stuart Brown (Chief Financial Officer) and Bruce Cleaver (Chief Commercial Officer) will serve as acting joint-CEOs. %% The Board expressed its thanks to Gareth Penny for his substantial contribution to De Beers during his 22 years with the company, and wished him every success.%% Nicky Oppenheimer Chairman of De Beers Group praised Penny as a "passionate and effective leader" who saw the company through the recession, and positioned it for strong revenue growth as we emerged into recovery.
Gareth Penny
In an unexpected announcement contained within its half yearly results’ press release under the sub-head ‘Management Change’, De Beers broke the news to the world that Gareth Penny, CEO of the company for the last five years “believes it is an appropriate time for him to step down”. %% Penny has not only been at the helm of affairs at De Beers for the last five years, but also led the company during the global financial crisis and subsequent recovery, and was clearly one of the most well known faces among the senior management.%% Over the last ten years Penny held various responsibilities in the London headquarters of the company beginning with his appointment as Director of Sales and Marketing of the DTC in 2001. He was elevated to the Board of De Beers in 2003, and became Group Managing Director (and later Group CEO) of De Beers in March 2006. %% He is widely recognised as one of the prime architects of the shift in the business model of De Beers in the new millennium that began with the Strategic Review. The company shifted its focus from supply side management of the rough diamond business to demand-driven initiatives to boost polished diamond sales and generate stronger growth in the face of increased competition from other luxury goods categories.%% The statement did not mention the exact date on which Penny would hand over the reins, only noting that he would step down in the coming months to pursue new opportunities. %% It added that a process is underway to identify a successor, during which time Stuart Brown (Chief Financial Officer) and Bruce Cleaver (Chief Commercial Officer) will serve as acting joint-CEOs. %% The Board expressed its thanks to Gareth Penny for his substantial contribution to De Beers during his 22 years with the company, and wished him every success.%% Nicky Oppenheimer Chairman of De Beers Group praised Penny as a "passionate and effective leader" who saw the company through the recession, and positioned it for strong revenue growth as we emerged into recovery.
Gareth Penny
In an unexpected announcement contained within its half yearly results’ press release under the sub-head ‘Management Change’, De Beers broke the news to the world that Gareth Penny, CEO of the company for the last five years “believes it is an appropriate time for him to step down”. %% Penny has not only been at the helm of affairs at De Beers for the last five years, but also led the company during the global financial crisis and subsequent recovery, and was clearly one of the most well known faces among the senior management.%% Over the last ten years Penny held various responsibilities in the London headquarters of the company beginning with his appointment as Director of Sales and Marketing of the DTC in 2001. He was elevated to the Board of De Beers in 2003, and became Group Managing Director (and later Group CEO) of De Beers in March 2006. %% He is widely recognised as one of the prime architects of the shift in the business model of De Beers in the new millennium that began with the Strategic Review. The company shifted its focus from supply side management of the rough diamond business to demand-driven initiatives to boost polished diamond sales and generate stronger growth in the face of increased competition from other luxury goods categories.%% The statement did not mention the exact date on which Penny would hand over the reins, only noting that he would step down in the coming months to pursue new opportunities. %% It added that a process is underway to identify a successor, during which time Stuart Brown (Chief Financial Officer) and Bruce Cleaver (Chief Commercial Officer) will serve as acting joint-CEOs. %% The Board expressed its thanks to Gareth Penny for his substantial contribution to De Beers during his 22 years with the company, and wished him every success.%% Nicky Oppenheimer Chairman of De Beers Group praised Penny as a "passionate and effective leader" who saw the company through the recession, and positioned it for strong revenue growth as we emerged into recovery.
Gareth Penny
In an unexpected announcement contained within its half yearly results’ press release under the sub-head ‘Management Change’, De Beers broke the news to the world that Gareth Penny, CEO of the company for the last five years “believes it is an appropriate time for him to step down”. %% Penny has not only been at the helm of affairs at De Beers for the last five years, but also led the company during the global financial crisis and subsequent recovery, and was clearly one of the most well known faces among the senior management.%% Over the last ten years Penny held various responsibilities in the London headquarters of the company beginning with his appointment as Director of Sales and Marketing of the DTC in 2001. He was elevated to the Board of De Beers in 2003, and became Group Managing Director (and later Group CEO) of De Beers in March 2006. %% He is widely recognised as one of the prime architects of the shift in the business model of De Beers in the new millennium that began with the Strategic Review. The company shifted its focus from supply side management of the rough diamond business to demand-driven initiatives to boost polished diamond sales and generate stronger growth in the face of increased competition from other luxury goods categories.%% The statement did not mention the exact date on which Penny would hand over the reins, only noting that he would step down in the coming months to pursue new opportunities. %% It added that a process is underway to identify a successor, during which time Stuart Brown (Chief Financial Officer) and Bruce Cleaver (Chief Commercial Officer) will serve as acting joint-CEOs. %% The Board expressed its thanks to Gareth Penny for his substantial contribution to De Beers during his 22 years with the company, and wished him every success.%% Nicky Oppenheimer Chairman of De Beers Group praised Penny as a "passionate and effective leader" who saw the company through the recession, and positioned it for strong revenue growth as we emerged into recovery.

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