Firestone Promotes Paul Bosma to CEO

RAPAPORT… 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.