Atlas Pearls Ltd. announced the appointment of Mr. Michael Ricci as Chief Executive Officer effective 13 June 2022. Following the appointment of Mr. Ricci as Chief Executive Officer, Mr. Geoff Newman will step down from his role as Executive Chairman and resume the role of Non-executive Chairman effective 12 July 2022. Mr. Newman has occupied the role of Executive Chair since September 2019.

During his tenure the Company has navigated uncertain times with the COVID pandemic. His leadership direction enabled the Company to springboard into a new digital era. Challenging traditional sales channels, the Company transformed imagery, marketing and the sales and distribution mediums. This fundamentally changed the way that pearl buyers interact with the Company.

The Board would like to formally thank Mr. Newman for his dedication and success in the role.