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
Talent Relations Coordinator
HSN
Saint Petersburg, Florida
Analyst, Store Strategy and Method Improvements
Ross Stores, Inc
Dublin, California
Product Manager
Smithsonian Museum Retail
Washington, Dist. Columbia
Mgr of Merchandising and Supply Chain Systems
BJ's Wholesale Club
Westborough, Massachusetts
communications program manager, Partner Resources-Seattle, WA
Starbucks
Seattle, Washington