Tobacco executive to take helm at Pandora

Tobacco executive Anders Colding Friis to succeed Allan Leighton as new CEO in March 2015. The Board of Directors also recommends that Peder Tuborgh, subject to approval at an extraordinary general meeting to be held in October 2014, succeed Anders-Colding-Friiscurrent Chairman of the Board of Directors Marcello Bottoli, who, as previously announced, will be stepping down in 2014 due to other professional commitments.

Anders Colding Friis, 51, current CEO of Scandinavian Tobacco Group A/S, is a Danish citizen and holds an M.Sc. (Business Administration) from Copenhagen Business School and has since 2006 been the Group CEO of Scandinavian Tobacco Group, the world’s largest manufacturer of cigars and pipe tobacco.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 9,000 people worldwide of whom approximately 7,000 are located in Gemopolis, Thailand, where the company manufactures its jewellery.

Read more: Pandora

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