CEO of Danish jeweler Pandora resigns on dismal outlook

08/2/2011 | Wall Street Journal, The

Mikkel Vendelin Olesen, chief executive officer at Pandora, a Danish jewelry maker, resigned after the company slashed its outlook. The company's market value plunged on the news, which Allan Leighton, chairman of the Pandora board, blamed on Olesen. "The CEO is accountable for what happened and that is why he resigns," Leighton said.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Men's Associate Account Executive
Perry Ellis International
New York City, New York
Art Director
Vera Bradley
Roanoke, Indiana
Product Merchant - Gifts, Home Decor
Hallmark
Kansas City, Missouri
Project Manager Global HR Operations GE HR
Walmart
Bentonville, Arkansas
Manager, Omni-channel Change Management
Gap Inc./Growth Innovation and Digital
SAN FRANCISCO, California