PGI CEO Huw Daniel to Retire
Tim Schlick, current chief operating officer, will step into the CEO role on April 4.
Daniel, who has been with the organization for 21 years, will exit at the end of March, announced PGI Tuesday.
He will be succeeded by Tim Schlick, current chief operating officer, who will step into the role on April 4. Schlick joined PGI in 2015 as chief strategy officer.
Daniel, a Wales native, spent much of his career in advertising, working in Europe and Asia for clients like British Airways and Procter & Gamble.
He worked with De Beers in Asia Pacific on campaigns for 11 global markets, marking his first introduction to the jewelry industry.
He joined PGI in 2003 as the president of PGI USA, rising through the ranks to CEO in 2015.
“[Becoming CEO] allowed me to leverage all the great people at PGI to build a high performing global team focused on driving innovation and value creation for the jewelry industry with platinum,” said Daniel.
As he heads into retirement, Daniel reflected on how PGI’s role in the industry has changed during his tenure.
“Our organization has evolved from a marketing/PR/event machine to a business partner with the jewelry industry,” he said.
“Platinum will always be a small part of the industry due to its natural rarity, but it can be a very important driver of differentiation and profitability. PGI's focus today is to enable our partners to get the maximum incremental return from this superb material.”
Benny Oeyen, executive head of market development, PGMs, for Anglo American, which supports PGI through funding, said “It has been a pleasure to work with Huw over the years and I thank him for his unwavering commitment to developing the demand for platinum jewelry globally.”
He congratulated Shlick on his new role and shared his excitement at continuing to work with PGI and support the growth of platinum in the jewelry sector.
The CEO transition is expected to be seamless, said PGI.
Schlick said his plans for the future include building on the “strong foundation” his predecessor has built.
“To me, the next logical step is to apply what we have built over the years to unlock more opportunities for the trade, and by doing so, create incremental value for both our partners and sponsors, scaling the value we create,” he said.
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