Burgundy Diamond Mines has announced that its current CEO and managing director Kim Truter will be stepping down at the company’s annual general shareholder meeting (AGM) on May 27, 2025.
"Kim has been instrumental in the transformation of our organization which positions Burgundy well for the future. In particular, the acquisition and improvement of Ekati, our cornerstone mining asset has been pivotal," said Burgundy board chair Michael O’Keeffe.
The company will appoint Jeremy King, a current member of Burgundy’s board of directors, as an interim CEO upon Truter’s retirement. Meanwhile, the board has begun a process to select a new CEO.
"Jeremy is extremely well suited given his years of experience on the Burgundy board, and professionally in numerous executive capacities, and will complement the excellent leadership team we have assembled. Jeremy and Kim will work together closely until the AGM to ensure a seamless handover," O’Keeffe added.
Before joining Burgundy in 2020, Truter was CEO of De Beers Canada from 2015 to 2019 and, prior to that, chief operating officer of Rio Tinto Diamonds.
Theodor Lisovoy, Managing Editor, Rough&Polished
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