Pandora moves CEO succession ahead of schedule

Leadership Change - Pandora has advanced its planned leadership change, with Berta de Pablos-Barbier set to take over as CEO on 1 January 2026, two months earlier than initially scheduled [1] - The transition process has been described as "exceptionally smooth" by chair Peter Ruzicka, leading to the updated timing [2] New CEO's Vision - Berta de Pablos-Barbier expressed her honor in leading Pandora into its next chapter, focusing on navigating current market turbulence and leveraging untapped opportunities for long-term growth [2] - The company aims to build a bigger Pandora as a full jewellery brand [2] New CMO Appointment - Jennie Farmer will become the new chief marketing officer (CMO) on 1 January 2026, bringing over 25 years of experience from global luxury and consumer brands [3] - Farmer's previous roles include senior positions at De Beers Jewellers and LVMH Estates & Wines, and she began her career in Procter & Gamble's prestige division [4] Transition of Leadership - Alexander Lacik will retire after nearly seven years as president and CEO, having joined Pandora in 2019 and led a significant turnaround for the company [4] - Lacik will continue to support the business as a special adviser to the board and executive leadership team until the Annual General Meeting on 11 March 2026 [5]