Top executive got 18 million for his signature

Smykkeproducenten Pandora employees in april 2019, the Swedish Alexander Lacik as the new ceo. But it took a lot of zeros on the lønsiden to get him to put hi

Top executive got 18 million for his signature

Smykkeproducenten Pandora employees in april 2019, the Swedish Alexander Lacik as the new ceo. But it took a lot of zeros on the lønsiden to get him to put hi

Ann McDonald
Ann McDonald
04 February 2020 Tuesday 06:00
19 Reads
Top executive got 18 million for his signature

Smykkeproducenten Pandora employees in april 2019, the Swedish Alexander Lacik as the new ceo.

But it took a lot of zeros on the lønsiden to get him to put his signature on a contract.

Thus, the 55-year-old Alexander Lacik, who came from a position as a top executive in English Britax, scored 18 million dollars in a so-called sign on bonuses, shows the just published accounts for Pandora.

the Money was, according to the accounts paid as compensation, he changed gave up on a bag of money, which he otherwise would have scored with Britax at a later time.

Overall, made the Swedish top executive 29.9 million dollars in the salary package, which means that he, in his nine months of work, had earned almost 12 million dollars further.

Lacik took over from Anders Colding Friis, who was fired as ceo-a-half years earlier. He reached to get paid 42,8 million dollars in salary his last year, which included a severance payment.

But the determination of the Lacik is far from the only thing that has happened on Pandora's ledelsesgange in 2019, when the man has been through a whirlwind with failing sales.

in Addition to a new ceo came new chairman in the person of Peter A. Ruzicka. In addition, the resignation of the director of operations, Jeremy Schwartz, also with immediate effect, the 2. april.

the financial Statements for 2019 is gloomy reading for the Pandora. Revenue last year dropped by four per cent to 21,9 billion dollars, and at the same time is the after-tax profits dived by 42 percent to eur 2.9 billion.

the Stock is decreased by several percentages today.

Updated: 04.02.2020 06:00
Comments

Warning!

You have to login for comment. If you are not a member? Register now.

Login Sign Up