- Lucapa Diamond Company (ASX:LOM) appoints Nick Selby as CEO and Managing Director
- Mr Selby has held the Interim CEO role since August 2023
- He looks to increase production and operational efficiencies Lucapa’s mining operations and advance the search for the primary sources of exceptional high-quality diamonds being recovered at Lulo
- LOM shares last traded at 3.3 cents
Lucapa Diamond Company (ASX:LOM) has announced the appointment of Nick Selby as CEO and Managing Director.
He has held the Interim CEO role since August 2023.
Mr Selby is an extraction metallurgist who’s been a part of Lucapa since October 2014 when he joined as the Chief Operating Officer and then continued into the role of Executive Director of Operations in September 2017.
Prior to Lucapa, he had a long and distinguished career with De Beers, spanning 19 years, where he held various technical positions, and played a pivotal role in establishing diamond projects in multiple countries, including Angola, Australia, The Democratic Republic of Congo (DRC), the Central African Republic, Indonesia, Lesotho and Botswana.
The company expressed that Mr Selby was delighted to take on the role of CEO and Managing Director as Lucapa’s mining operations increase production and operational efficiencies and the company advances the search for the primary sources of the exceptional high-quality diamonds being recovered at Lulo.
As part of the company’s efforts to restructure its board, Lucapa is actively searching for a suitable Non-Executive Director candidate to increase its leadership team.
The company announced Mr Selby will receive a total fixed remuneration of A$595,000 (inclusive of superannuation).
LOM shares last traded at 3.3 cents.