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Stephen Lussier to step down from Executive responsibilities after distinguished 37 year career with De Beers Group
Stephen Lussier to step down from Executive responsibilities after distinguished 37 year career with De Beers Group
20 Jan 2022

Marc Jacheet to join company and lead consumer businesses

De Beers Group today announced that Stephen Lussier, De Beers Group Executive Vice President for Brands & Consumer Markets, will step down from his executive responsibilities on 1 April 2022 after 37 years with the company. Stephen will continue to contribute to De Beers as a strategic advisor and will continue to serve in his role as Chairman of the Natural Diamond Council.

Stephen will be succeeded by Marc Jacheet. Marc brings a wealth of luxury goods, luxury jewellery, marketing and digital experience gained over a 25 year international career - most recently as President of Tiffany & Co. Europe, Middle East and Africa, and prior to that as President of Tiffany’s Asia Pacific region. Marc has also held a number of global marketing roles with LVMH, Danone and Unilever in Europe and the US.

Bruce Cleaver, CEO, De Beers Group, said: “Stephen’s contribution to De Beers and the entire diamond industry is singular and wide-reaching. For 37 years he has shaped the soul of our product and reminded us of the preciousness, beauty and positive impact of natural diamonds. We thank him for all he has done for De Beers, to which his name and legacy will be forever linked. I am pleased that Stephen will remain a strategic advisor to De Beers and a champion for natural diamonds as Chairman of the Natural Diamond Council. Stephen leaves in place an exceptional leadership team that is as passionate about the role of diamonds in culture and communities as he has been.

“Stephen and I are both excited to invite Marc into De Beers and match his experience and track record of success with the potential we have in front of us.”

Stephen commented: “Having had the privilege of guiding De Beers’ consumer strategy and businesses for the past three decades, I am proud of the markets we have opened, the brands we have built and the diamond dream that has guided us at every step. I am particularly pleased to have identified Marc as an individual with the insight and leadership skills to guide De Beers’ consumer strategy forward into an exciting new era for the Group and the diamond industry.”

Marc will join De Beers Group on 1 February 2022 as CEO, De Beers Brands, and will join the De Beers Group Executive Committee with responsibility for the Brands & Consumer Markets business unit.

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Notes to editors

High resolution images of Stephen Lussier and Marc Jacheet are available for download here.

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About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of the De Beers Group strategy as it develops a portfolio of offers, including its jewellery houses, De Beers Jewellers and De Beers Forevermark, and other pioneering solutions, such as diamond sourcing and traceability initiatives GemFair and Tracr. De Beers Group is committed to ‘Building Forever,’ a holistic and integrated approach for creating a better future – where safety, human rights and ethical integrity continue to be paramount; where communities thrive and the environment is protected; and where there are equal opportunities for all. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.