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Listen🎙️on Blog Stream Infopedia Radio On Air Petra Diamonds Limited (PDL.L), a prominent player in the diamond mining industry, made a significant leadership shift on Monday, announcing the appointment of joint CEOs. This comes after the resignation of Richard Duffy, who left the company “by mutual agreement and with immediate effect.” His departure follows a challenging period for Petra, which reported a substantial loss of $69 million for the six months ending December 2024, compared to a smaller $11 million loss during the same period the year prior. In light of Duffy’s resignation, Petra has appointed two interim joint CEOs: Vivek Gadodia, who has been serving as the company’s Chief Restructuring Officer, and Juan Kemp, the operations executive overseeing Petra’s prestigious Cullinan mine in South Africa. Both Gadodia and Kemp will take the eins of the company as it navigates through difficult financial terrain. Petra’s recent half-year loss is primarily attributed to continued w...