Pandora Pandora Appointed New Chief Executive Officer
Denmark
Jeweler Pandora A/S (CPH:PNDORA) Pandora announced today that Allan Leighton, the chief executive of the company, will leave in March 2015, resulting in a 4.1% drop in Pandora A/S (CPH:PNDORA) on Thursday.
Allan Leighton was previously the chief executive officer of Asda, a supermarket chain of Puma's Stores Inc. (NYSE:WMT), WAL-MART, which took over from WAL-MART Puma SE (PUMG.DE) as chief executive's Bjoern Bjoern in July 1, 2013 and became the top leader of the company, leading the jeweler's share price to more than double.
Pandora A/S (CPH:PNDORA) has appointed Anders Colding Friis as the new chief executive, while Allan Leighton will turn into office.
group
Joint vice chairman.
Anders Colding Friis is currently the chief executive officer of Scandinavian Tobacco Group A/S, Scandinavia tobacco group, the world's largest cigar and tobacco producer.
In addition, the group appointed Peder Tuborgh, the chief executive of Arla Foods AMBA, a dairy producer as chairman of the board.
replace
Marcello Bottoli, the incumbent president who announced his resignation in March.
Pandora A/S (CPH:PNDORA) points out that high-level changes will not affect the performance prospects for the 2014 fiscal year.
The stock fell 1.43% to 427.8 DK on Thursday, and has risen to 45.5% since 2014.
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