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More changes at Pandora

Pandora has named Phil McNutt as the new managing director for Australia and New Zealand, coinciding with the recommendation of two new candidates for the company’s upcoming board elections in March.

McNutt previously served as president of Sunglass Hut Australia and New Zealand for 11 years and has held various executive posts in North America and Asia prior to the Pandora appointment. 

Commenting on the move, Pandora Asia-Pacific president Kenneth Madsen said, “He is an energetic, inclusive and collaborative leader who highly values a warm and supportive culture which grows, develops and unites its talent in pursuit of ambitious goals, whilst always demonstrating respect and appreciation for the individuals, team and customers”.

McNutt will take over from Mikael Kruse who held the position for nearly two years. Kruse will move to Germany for his appointment as managing director for Northern Europe.

“I’m very excited about joining Pandora. It’s a global brand I’ve long admired with a wonderful reputation in the marketplace, and my experience in the process has certainly validated my belief. My in-store customer service experiences have impressed me with beautifully presented stores and staff who clearly have great passion and pride for the products,” McNutt said.

Meanwhile, the Pandora Board of Directors has recommended two new candidates for the coming election of board members for its 13 March AGM, as the current members stand for re-election.

Isabelle Parize, from France, and the UK’s Sir John Peace have been acting as Board advisors effective January, according to board chairman Peder Tuborgh.

“Over the last few quarters, the Board has searched intensely for new board members to complement and strengthen the Board. Isabelle Parize and Sir John Peace bring great expertise and management experience from luxury retail and global consumer-facing companies. I am convinced that their presence on the Board will be of high value for Pandora and its shareholders,” Tuborgh added.











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Wednesday, 17 July, 2019 02:22pm
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