Marcello Bottoli to stand down as Pandora chairman

Marcello-Bottoli_1.jpg

Other professional commitments sparks search for his successor.

Pandora has announced that Marcello Bottoli will stand down as chairman of the board, due to other professional commitments, as soon as a suitable successor can be found.

Bottoli commented: “It has been a great honour to be a board member, interim CEO, and chairman of Pandora, and part of creating the platform for the success we have had in 2013.”

“However, I have now started a new entrepreneurial project which will negatively impact my ability to dedicate the appropriate amount of time to the company. Therefore, after leading the search to find my successor I will, regretfully, stand down as chairman of Pandora,” he added.

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Bottoli, deputy chairman Christian Frigast and the nominations committee will now initiate and lead the search for a new chairman of the board.

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