Edition:
United States

Gem Diamonds Ltd (GEMD.L)

GEMD.L on London Stock Exchange

107.25GBp
1 Dec 2016
Change (% chg)

-0.25p (-0.23%)
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Summary

Name Age Since Current Position

Roger Davis

60 2007 Non-Executive Independent Chairman of the Board

Clifford Elphick

55 2007 Chief Executive Officer, Executive Director

Michael Michael

45 2013 Chief Financial Officer, Executive Director

Alan Ashworth

61 2008 Chief Operating Officer, Executive Director

Glenn Turner

55 2015 Chief Legal and Commercial Officer, Company Secretary, Executive Director

Michael Lynch-Bell

63 2015 Non-Executive Director

Gavin Beevers

66 2007 Non-Executive Independent Director

Mike Salamon

61 2008 Senior Non-Executive Independent Director

Juliet Kirk

2015 IR Contact Officer

Biographies

Name Description

Roger Davis

Mr. Roger W. J. Davis serves as Non-Executive Independent Chairman of the Board of Gem Diamonds Ltd. Roger spent eight years at Barclays, latterly as the Chief Executive Officer of the UK banking operation and as a member of the Board of Barclays Plc. Under his leadership, the UK business was significantly restructured. Prior to that, he spent 10 years in investment banking in London and held various positions in China and India for Flemings and BZW. Roger started his career with a 12-year service in the British Army. Roger is currently the non-Executive Chairman of Sainsbury’s Bank Plc and of GRC Limited, and is also a non-Executive Director at Experian Plc. Roger was appointed as Chairman of the Board in February 2007.

Clifford Elphick

Mr. Clifford Thomas Elphick serves as Chief Executive Officer, Executive Director of Gem Diamonds Ltd. Clifford joined Anglo American Corporation in 1986 and was seconded to E. Oppenheimer and Son as Harry Oppenheimer’s personal assistant in 1988. In 1990, he was appointed Managing Director of E. Oppenheimer and Son, a position he held until leaving in December 2004. During that time, Clifford was also a Director of Central Holdings, Anglo American and DB Investments. Following the privatisation of De Beers in 2000, Clifford served on the De Beers Executive Committee. Clifford is also the non-Executive Chairman of Zanaga Iron Ore Co. Limited and Jumelles Holdings Limited.

Michael Michael

Mr. Michael Michael serves as Chief Financial Officer, Executive Director of Gem Diamonds Limited. Michael Michael has over 20 years’ experience in financial management. He joined RSM Betty & Dickson (Audit Firm) in Johannesburg South Africa in January 1993 and became audit partner at the firm in March 2000. From August 2006 to February 2008 Michael was seconded to Gem Diamonds Limited to assist with the financial aspects of the Main London Listing including the financial reporting, management accounting and tax relating to the Initial Public Offering. In March 2008 Michael joined Gem Diamonds on a full-time basis as the Group Financial Manager. On 2 April 2013 he was promoted to the position of Chief Financial Officer. Michael joined Gem Diamonds in March 2008 and was appointed to the Board in April 2013.

Alan Ashworth

Mr. Alan R. Ashworth serves as Chief Operating Officer, Executive Director of Gem Diamonds Ltd. Alan has 40 years’ experience in the mining industry. During his career he has worked in various countries, including South Africa, Namibia, Botswana, Guinea, Ghana, Russia, Indonesia and Australia. He spent 28 years within the De Beers group, including four years as the General Manager of the Namdeb Diamond Corporation and four years as the Group Manager, Operations and Head of Operations for De Beers Consolidated Mines. From January 2006 until August 2007, he was the Managing Director of Gold Fields’ Ghana operations in West Africa. Alan joined Gem Diamonds in November 2007 and was appointed to the Board in April 2008.

Glenn Turner

Mr. Glenn E. Turner serves as Chief Legal and Commercial Officer, Company Secretary, Executive Director of Gem Diamonds Ltd. Glenn was called to the Johannesburg Bar in 1987 where he spent 14 years practising as an advocate specialising in general commercial and competition law, and took silk in 2002. Glenn was appointed De Beers’ first General Counsel in 2002 and was also a member of the Executive Committee. Glenn was responsible for a number of key initiatives during his tenure, including overseeing De Beers’ re-entry into the USA. Glenn joined Gem Diamonds in May 2006 and was appointed to the Board in April 2008. Glenn was appointed as the Company Secretary in January 2015.

Michael Lynch-Bell

Mr. Michael Lynch-Bell is Non-Executive Director of the Company. Michael spent a 38-year career with Ernst & Young (EY) having led its Global Oil and Gas, UK IPO and Global Oil and Gas and Mining transaction advisory practices. He was a member of the assurance practice from 1974 to 1996 when he transferred to the Transaction Advisory Practice. He was also UK Alumni sponsor and a member of the firm’s EMEIA and Global Advisory Councils. He retired from EY as a partner in 2012 and continued as a consultant to the firm until November 2013. Michael is currently a non-Executive Director at Kaz Minerals Plc, Lenta Limited and Transocean Partners LLC. Michael is also currently honorary treasurer and board trustee of ActionAid International, a Human Rights campaigning NGO.

Gavin Beevers

Mr. Gavin A. Beevers serves as Non-Executive Independent Director of Gem Diamonds Ltd. Gavin was the Director of Operations at De Beers from April 2000 until his retirement in 2004. He had joined De Beers in 1979 and was based in Botswana for 11 years. Thereafter, he was appointed Assistant General Manager at De Beers Marine in Cape Town until 1994, whereafter he returned to Botswana as General Manager at the Orapa and Lethlakane mines. From January 1996 to March 2000, Gavin held the position of Deputy Managing Director of Debswana Diamond Company.

Mike Salamon

Mr. Mike Salamon serves as Senior Non-Executive Independent Director of Gem Diamonds Ltd. Mike is a mining engineer with an MBA and has over 30 years’ experience in the mining sector. He was a founding Director of Billiton and was instrumental in Billiton’s IPO on the London Stock Exchange in 1997 and the subsequent merger with BHP in 2001. Mike retired from his position as Executive Director at BHP Billiton in 2006. Thereafter, Mike was appointed Executive Chairman of New World Resources and led its IPO on the London Stock Exchange in 2008. He retired from this position in 2012 and is a non-Executive Director of Ferrexpo Plc.

Juliet Kirk

Basic Compensation

Name Fiscal Year Total

Roger Davis

107,500

Clifford Elphick

879,719

Michael Michael

640,720

Alan Ashworth

648,072

Glenn Turner

586,306

Michael Lynch-Bell

2,538

Gavin Beevers

54,375

Mike Salamon

54,375

Juliet Kirk

--
As Of  30 Dec 2015