Pandora Management

Management criteria checks 3/4

Pandora's CEO is Alexander Lacik, appointed in Apr 2019, has a tenure of 5.58 years. total yearly compensation is DKK38.40M, comprised of 29.7% salary and 70.3% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth DKK270.69M. The average tenure of the management team and the board of directors is 5.6 years and 4.7 years respectively.

Key information

Alexander Lacik

Chief executive officer

DKK 38.4m

Total compensation

CEO salary percentage	29.7%
CEO tenure	5.6yrs
CEO ownership	0.3%
Management average tenure	5.6yrs
Board average tenure	4.7yrs

Recent management updates

We Think Shareholders Will Probably Be Generous With Pandora A/S' (CPH:PNDORA) CEO Compensation

Mar 08

The Compensation For Pandora A/S' (CPH:PNDORA) CEO Looks Deserved And Here's Why

Mar 10

Recent updates

Getting In Cheap On Pandora A/S (CPH:PNDORA) Is Unlikely

Nov 08

Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

Oct 27

Earnings Update: Pandora A/S (CPH:PNDORA) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Aug 15

Some Confidence Is Lacking In Pandora A/S' (CPH:PNDORA) P/E

Jul 29

Are Investors Undervaluing Pandora A/S (CPH:PNDORA) By 44%?

Jul 12

Here's Why Pandora (CPH:PNDORA) Can Manage Its Debt Responsibly

Jun 08

Pandora A/S Just Beat EPS By 12%: Here's What Analysts Think Will Happen Next

May 05

Why Pandora A/S (CPH:PNDORA) Could Be Worth Watching

Apr 21

Pandora A/S' (CPH:PNDORA) Share Price Could Signal Some Risk

Apr 07

Is Pandora A/S (CPH:PNDORA) Trading At A 38% Discount?

Mar 24

We Think Shareholders Will Probably Be Generous With Pandora A/S' (CPH:PNDORA) CEO Compensation

Mar 08

There May Be Reason For Hope In Pandora's (CPH:PNDORA) Disappointing Earnings

Feb 16

Pandora (CPH:PNDORA) Has Announced That It Will Be Increasing Its Dividend To DKK18.00

Feb 10

Is Pandora (CPH:PNDORA) Using Too Much Debt?

Jan 18

There's Reason For Concern Over Pandora A/S' (CPH:PNDORA) Price

Jan 03

Here's What's Concerning About Pandora's (CPH:PNDORA) Returns On Capital

Dec 17

Are Investors Undervaluing Pandora A/S (CPH:PNDORA) By 36%?

Nov 09

Pandora (CPH:PNDORA) Has A Pretty Healthy Balance Sheet

Oct 13

Should You Investigate Pandora A/S (CPH:PNDORA) At kr.727?

Sep 29

Pandora's (CPH:PNDORA) Returns On Capital Not Reflecting Well On The Business

Sep 14

Is Now The Time To Put Pandora (CPH:PNDORA) On Your Watchlist?

Aug 30

Calculating The Fair Value Of Pandora A/S (CPH:PNDORA)

Jul 30

Is Pandora (CPH:PNDORA) A Risky Investment?

Jul 14

Is Now An Opportune Moment To Examine Pandora A/S (CPH:PNDORA)?

Jun 29

Pandora (CPH:PNDORA) Could Be Struggling To Allocate Capital

Jun 14

Pandora A/S (CPH:PNDORA) Shares Could Be 26% Below Their Intrinsic Value Estimate

Apr 29

Is Pandora (CPH:PNDORA) A Risky Investment?

Apr 11

At kr.604, Is Pandora A/S (CPH:PNDORA) Worth Looking At Closely?

Mar 27

The Compensation For Pandora A/S' (CPH:PNDORA) CEO Looks Deserved And Here's Why

Mar 10

Pandora (CPH:PNDORA) Is Paying Out A Dividend Of DKK16.00

Feb 18

Is Pandora A/S (CPH:PNDORA) Trading At A 28% Discount?

Jan 20

Does Pandora (CPH:PNDORA) Have A Healthy Balance Sheet?

Jan 04

At kr.493, Is Pandora A/S (CPH:PNDORA) Worth Looking At Closely?

Dec 20

Here's What To Make Of Pandora's (CPH:PNDORA) Decelerating Rates Of Return

Dec 02

Here's Why Pandora (CPH:PNDORA) Can Manage Its Debt Responsibly

Oct 04

At kr.418, Is Pandora A/S (CPH:PNDORA) Worth Looking At Closely?

Sep 16

Pandora (CPH:PNDORA) Seems To Use Debt Rather Sparingly

Jun 25

At kr.511, Is Pandora A/S (CPH:PNDORA) Worth Looking At Closely?

May 23

Pandora (CPH:PNDORA) Could Easily Take On More Debt

Mar 27

Here's Why Pandora A/S' (CPH:PNDORA) CEO May Have Their Pay Bumped Up

Mar 03

CEO Compensation Analysis

How has Alexander Lacik's remuneration changed compared to Pandora's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	DKK 5b
Jun 30 2024	n/a	n/a	DKK 5b
Mar 31 2024	n/a	n/a	DKK 5b
Dec 31 2023	DKK 38m	DKK 11m	DKK 5b
Sep 30 2023	n/a	n/a	DKK 5b
Jun 30 2023	n/a	n/a	DKK 5b
Mar 31 2023	n/a	n/a	DKK 5b
Dec 31 2022	DKK 38m	DKK 11m	DKK 5b
Sep 30 2022	n/a	n/a	DKK 5b
Jun 30 2022	n/a	n/a	DKK 4b
Mar 31 2022	n/a	n/a	DKK 5b
Dec 31 2021	DKK 34m	DKK 10m	DKK 4b
Sep 30 2021	n/a	n/a	DKK 4b
Jun 30 2021	n/a	n/a	DKK 4b
Mar 31 2021	n/a	n/a	DKK 3b
Dec 31 2020	DKK 28m	DKK 9m	DKK 2b
Sep 30 2020	n/a	n/a	DKK 2b
Jun 30 2020	n/a	n/a	DKK 1b
Mar 31 2020	n/a	n/a	DKK 2b
Dec 31 2019	DKK 30m	DKK 6m	DKK 3b

Compensation vs Market: Alexander's total compensation ($USD5.42M) is above average for companies of similar size in the Danish market ($USD3.68M).

Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.

CEO

Alexander Lacik (59 yo)

5.6yrs

Tenure

DKK 38,400,000

Compensation

Mr. Alexander Lacik has been President, Chief Executive Officer at Pandora A/S since April 23, 2019 and served as its Member of Management Board. He served as Independent Director at Swedish Match AB (publ...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alexander Lacik	President & CEO	5.6yrs	DKK 38.40m	0.31% DKK 270.7m
Anders Boyer-Søgaard	Executive VP & CFO	6.8yrs	DKK 20.70m	0.21% DKK 178.6m
Per Enevoldsen	Founder & Co-Owner	no data	no data	no data
Massimo Basei	Chief of Retail Operations	1.8yrs	no data	no data
David Walmsley	Chief Digital & Technology Officer	no data	no data	no data
Bilal Aziz	VP of Investor Relations & Treasury	no data	no data	no data
Johan Melchior	Vice President of Media Relations & Public Affairs	no data	no data	no data
Mary Gasco-Buisson	Chief Marketing Officer	2.8yrs	no data	no data
Byron Clayton	Chief Human Resources Officer	1.8yrs	no data	no data
Stephen Fairchild	Chief Product Officer	no data	no data	no data
Jeremy Schwartz	Advisor	5.6yrs	DKK 21.70m	no data
Geena Tok	Managing Director of China	6.2yrs	no data	no data

5.6yrs

Average Tenure

56.5yo

Average Age

Experienced Management: PNDORA's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Povl Christian Frigast	Deputy Chairman	14.3yrs	DKK 1.30m	no data
Lilian Biner	Independent Director	1.7yrs	DKK 1.20m	0.00046% DKK 399.2k
Peter Ruzicka	Independent Chairman of the Board	4.9yrs	DKK 3.10m	0.029% DKK 25.2m
Birgitta Goransson	Independent Director	8.7yrs	DKK 1.30m	no data
Jan Zijderveld	Independent Director	3.7yrs	DKK 1.00m	no data
Marianne Kirkegaard	Independent Director	4.7yrs	DKK 900.00k	no data
Catherine Spindler	Independent Director	4.7yrs	DKK 1.00m	no data

4.7yrs

Average Tenure

60yo

Average Age

Experienced Board: PNDORA's board of directors are considered experienced (4.7 years average tenure).

Pandora Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Chairman of the Board recently sold kr.5.7m worth of stock

Insufficient new directors

We Think Shareholders Will Probably Be Generous With Pandora A/S' (CPH:PNDORA) CEO Compensation

President & CEO recently sold kr.38m worth of stock

Independent Chairman of the Board recently sold kr.3.5m worth of stock

The Compensation For Pandora A/S' (CPH:PNDORA) CEO Looks Deserved And Here's Why

Recent updates

Getting In Cheap On Pandora A/S (CPH:PNDORA) Is Unlikely

Third quarter 2024 earnings: EPS exceeds analyst expectations

Pandora A/S to Report Q3, 2025 Results on Nov 05, 2025

Pandora A/S' (CPH:PNDORA) Intrinsic Value Is Potentially 87% Above Its Share Price

Is Pandora (CPH:PNDORA) A Risky Investment?

Is Now An Opportune Moment To Examine Pandora A/S (CPH:PNDORA)?

Pandora A/S to Report Fiscal Year 2024 Results on Feb 05, 2025

Why Pandora's (CPH:PNDORA) Earnings Are Better Than They Seem

Earnings Update: Pandora A/S (CPH:PNDORA) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Pandora A/S Revises Earnings Guidance for the Year 2024

Some Confidence Is Lacking In Pandora A/S' (CPH:PNDORA) P/E

Are Investors Undervaluing Pandora A/S (CPH:PNDORA) By 44%?

Here's Why Pandora (CPH:PNDORA) Can Manage Its Debt Responsibly

Independent Chairman of the Board recently sold kr.5.7m worth of stock

Pandora A/S Just Beat EPS By 12%: Here's What Analysts Think Will Happen Next

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Why Pandora A/S (CPH:PNDORA) Could Be Worth Watching

Pandora A/S' (CPH:PNDORA) Share Price Could Signal Some Risk

Insufficient new directors

Is Pandora A/S (CPH:PNDORA) Trading At A 38% Discount?

Pandora A/S Approves Dividend for the Year 2023

Upcoming dividend of kr.18.00 per share

We Think Shareholders Will Probably Be Generous With Pandora A/S' (CPH:PNDORA) CEO Compensation

There May Be Reason For Hope In Pandora's (CPH:PNDORA) Disappointing Earnings

Price target increased by 8.9% to kr.1,085

President & CEO recently sold kr.38m worth of stock

Price target increased by 7.4% to kr.1,063

Pandora (CPH:PNDORA) Has Announced That It Will Be Increasing Its Dividend To DKK18.00

Dividend increased to kr.18.00

Full year 2023 earnings: EPS misses analyst expectations

Pandora A/S Provides Earnings Guidance for the Year 2024

Is Pandora (CPH:PNDORA) Using Too Much Debt?

There's Reason For Concern Over Pandora A/S' (CPH:PNDORA) Price

Here's What's Concerning About Pandora's (CPH:PNDORA) Returns On Capital

Price target increased by 7.7% to kr.921

Independent Chairman of the Board recently sold kr.3.5m worth of stock

Third quarter 2023 earnings released: EPS: kr.6.30 (vs kr.7.80 in 3Q 2022)

Pandora A/S Revises Earnings Guidance for the Year 2023

Are Investors Undervaluing Pandora A/S (CPH:PNDORA) By 36%?

Pandora A/S to Report Q2, 2024 Results on Aug 13, 2024

Pandora (CPH:PNDORA) Has A Pretty Healthy Balance Sheet

Investor sentiment improves as stock rises 15%

Should You Investigate Pandora A/S (CPH:PNDORA) At kr.727?

Pandora's (CPH:PNDORA) Returns On Capital Not Reflecting Well On The Business

Pandora, Reveals Expansion of Pandora Lab-Grown Diamonds with Three New Collections

Is Now The Time To Put Pandora (CPH:PNDORA) On Your Watchlist?

Pandora A/S Revises Earnings Guidance for the Year 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Pandora A/S to Report Fiscal Year 2023 Results on Feb 07, 2024

Calculating The Fair Value Of Pandora A/S (CPH:PNDORA)

Is Pandora (CPH:PNDORA) A Risky Investment?

Now 21% undervalued after recent price drop

Is Now An Opportune Moment To Examine Pandora A/S (CPH:PNDORA)?

Pandora (CPH:PNDORA) Could Be Struggling To Allocate Capital

Pandora A/S (CPH:PNDORA) Shares Could Be 26% Below Their Intrinsic Value Estimate

Is Pandora (CPH:PNDORA) A Risky Investment?

At kr.604, Is Pandora A/S (CPH:PNDORA) Worth Looking At Closely?

Upcoming dividend of kr.16.00 per share at 2.5% yield

The Compensation For Pandora A/S' (CPH:PNDORA) CEO Looks Deserved And Here's Why

Now 20% undervalued

Pandora A/S Announces Resignation of Heine Dalsgaard from the Board of Directors

Pandora (CPH:PNDORA) Is Paying Out A Dividend Of DKK16.00

Price target increased by 9.7% to kr.680

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Pandora A/S (CPSE:PNDORA) announces an Equity Buyback for DKK 2,400 million worth of its shares.

Pandora A/S Proposes Dividend for the Year 2022

Is Pandora A/S (CPH:PNDORA) Trading At A 28% Discount?

Heine Dalsgaard Not to Stand for Re-Election from the Board of Pandora A/S