As Pandora strives for reinvention, it has proposed two new members for its Board of Directors. Isabelle Parize and Sir John Peace are the candidates, both of whom offer extensive management and luxury retail experience.
“Over the last few quarters, the board has searched intensely for new board members to complement and strengthen the board,” said Peter Tubogh, board chair. “Isabelle Parize and Sir John Peace bring great expertise and management experience from luxury retail and global consumer-facing companies.”
Peace holds an honourary doctorate from Britain’s University of Nottingham and has direct experience running a global luxury retail brand from his previous role as chair of Burberry. Financial and general management are noted as his areas of particular expertise.
“I look forward to being part of the transition that takes Pandora forward,” said Peace. “My experience from Burberry will be relevant, as the brand was, at the time, confronted with a number of identical challenges.”
Parize’s experience is primarily in the realm of perfumery, as she served as CEO of Douglas Group, a perfumery retailer, for multiple years. She holds a degree from École Supérieure de Commerce de Paris as well as board seats in Delsey Paris, Robertet SA, and Air France-KLM SA.
“I believe my experience within branded retail and general management can benefit Pandora on its course toward sustainable growth,” Parize said. “I have always cared deeply for products that improve consumers’ confidence and allow them to fully express who they are to the world. I believe Pandora is a brand that holds those exact offerings.”
In addition to deciding whether to accept these potential new members, all current board members will be up for re-election at the board’s annual general meeting (AGM) on March 13.
For more on the current board, click here.