De Beers has announced that Wesley Tucker will step down as Chief Executive Officer of Tracr and depart the business at the end of February 2026. Tucker, who joined De Beers Group in April 2021 as Head of Digital Transformation, later took charge of Tracr—the company’s blockchain-based diamond traceability platform.

During his leadership, Tucker played a pivotal role in transforming Tracr from an early pilot into the industry’s most advanced digital provenance solution. The platform now hosts more than 4 million registered diamonds and has been recognised globally, earning a spot on the Forbes Blockchain 50 list for three consecutive years.

Tucker oversaw major ecosystem expansions, forging partnerships with key industry players such as GIA, Sarine Technologies, and several top manufacturers, suppliers and retailers. His tenure also introduced next-generation capabilities, including full lifecycle traceability and country-of-origin certification for polished diamonds above 50 points sourced from De Beers Group.

Paul Rowley, EVP Diamond Trading, noted that with Tracr moving from its foundational stage into rapid scaling, the transition marks a natural point for Tucker to step aside. He praised Tucker’s leadership and vision for shaping Tracr’s strong strategic position.

De Beers stated that details regarding Tucker’s successor will be shared in due course.