Cyrus Jilla Named as New CEO of Element Six
The Board of Element Six SA, an independently managed joint venture between De Beers SA (majority shareholder) and Umicore SA, announced that Christian Hultner, the CEO of Element Six, will leave the company on September 30th 2008 and has named Cyrus Jilla as the new CEO effective October 1st 2008. Christian Hultner will remain on the Element Six Board as non-executive director.
Prior to joining Element Six, incoming CEO Cyrus Jilla has spent most of his career with Bain & Company, the global business consultants, most recently as Managing Partner of their London office. He is an acknowledged expert in strategy & company transformations and has strong mergers & acquisitions experience. Cyrus has advised De Beers and the Element Six management since 1999, and he has served as a non-executive director of Element Six since 2003. Previously, Cyrus worked for Schroders plc, the investment bank. Cyrus will also join the De Beers SA Executive Committee.
Other news from the department people
