0733 GMT - Pandora's change of CEO is likely to put shares under pressure, RBC Capital Markets analyst Piral Dadhania writes. TheDanish jeweler said CEO Alexander Lacik will retire in March, with Chief Marketing Officer Berta de Pablos-Barbier taking on the role. Lacik is well regarded and has delivered strong results at Pandora since his appointment in 2019, Dadhania adds. "The departure of a seasoned CEO is likely incrementally negative in Pandora's equity story in the context of current volatile demand trends, U.S. tariffs and ongoing commodity and currency headwinds." Prior to Pandora, de Pablos-Barbier was CEO of LVMH's Moet & Chanton, Dom Pergnon and Mercier, spent years at Lacoste and has jewelry experience from her time at Kering-owned Boucheron, RBC adds. Shares fall 3.4%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
September 30, 2025 03:33 ET (07:33 GMT)
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