Former De Beers chief to take chair at Russia's Norilsk

摘要

FORMER De Beers chief executive Gareth Penny has been appointed chairman of Russian nickel and palladium producer MMC Norilsk Nickel. The appointment was part of sweeping changes to Norilsk's board aimed at settling a four-year dispute between its two major shareholders, aluminium producer UC Rusal plc and private investment firm Interros.