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Two Longtime Managers Exit Pandora

Laurie McDonald and John DePasquale left after years in senior US positions.
Jul 31, 2019 8:13 AM   By Rapaport News
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RAPAPORT... Pandora’s US division will have new roles to fill, as two senior executives leave the company.

Laurie McDonald will exit the Danish jeweler after 15 years, the last three spent as the general manager of Pandora US, while John DePasquale, US vice president of wholesale sales, will depart after six years at the company.

“[McDonald] has decided to leave the company to begin a new chapter in her life,” Mads Twomey-Madsen, vice president of corporate communications and sustainability for Pandora, said earlier this week. “We wish both [McDonald and DePasquale] all the best in their new endeavors.”

During the transition, Sid Keswani, whom Pandora hired as president for the Americas last year, will lead the US team. The company is searching for replacements, but does “not wish to rush the recruitments,” Twomey-Madsen explained.

Meanwhile, Pandora has taken on Erik Schmidt as its chief human resources officer. He is tasked with helping the company grow its Programme Now project, a brand-transformation plan, and cut costs by DKK 1.2 billion ($179.1 million) by the end of 2020.

Schmidt was previously the chief human resources officer at Britax, a manufacturer of child-safety products. Pandora CEO Alexander Lacik also joined the jeweler from the same company in April.

Following a short handover, Pandora’s senior vice president of group human resources, Mads Kamp, will leave the company to make room for Schmidt, who will begin August 12.

Image: Laurie McDonald. (Pandora)
Tags: Alexander Lacik, Erik Schmidt, John DePasquale, Laurie McDonald, Mads Twomey-Madsen, Pandora, Programme Now, Rapaport News, Sid Keswani
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