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Petra Diamonds CEO resigns as company faces high debt, lower revenues, and a tough market.
Petra Diamonds CEO Richard Duffy resigned amid the company's financial struggles, including high debt and lower revenues.
The company has taken steps like selling assets and cutting costs to address the challenges.
Joint interim CEOs Vivek Gadodia and Juan Kemp have been appointed to lead the company through its difficulties, which include a weak diamond market and increased competition from lab-grown diamonds.
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El CEO de Petra Diamonds dimite cuando la compañía enfrenta una deuda alta, ingresos más bajos y un mercado difícil.