Pandora today announced that Chief Financial Officer (CFO), Anders Boyer, has decided to retire on 30 November 2026 after more than 14 years with the company. He will be succeeded by Paulo Garcia, who will join Pandora on 1 October 2026 and assume the role of CFO on 1 December 2026.
Paulo Garcia is a Portuguese national with 25 years of international executive experience from leading consumer goods companies across Europe and Latin America. He joins from a position as CFO of Walmart Mexico & Central America (Walmex), a separately listed subsidiary with USD 50 billion in revenue and 240,000 employees. Prior to this, he was CFO Europe & Indonesia for multinational retail company Ahold Delhaize and for Unilever, the consumer goods group.
Peter Ruzicka, Chair of the Board of Directors, said:
“I am pleased that Paulo Garcia will take over as Anders Boyer has decided to retire from the role as CFO of Pandora. The Board has worked closely with CEO Berta de Pablos-Barbier on robust succession planning, and I am happy that we can carry out a thorough handover from Anders to Paulo and maintain our strategic momentum. I want to thank Anders for his incredible contributions to Pandora during the past 14 years, and I wish him all the best in his next chapter as he retires from executive life.”
Berta de Pablos-Barbier, Chief Executive Officer, said:
“I am delighted to welcome Paulo Garcia to Pandora. He joins us with an excellent track record and deep financial expertise from senior roles in the consumer goods industry. He combines commercial and financial acumen with a strong focus on people and culture, while also bringing experience in digital transformation and the application of AI across business processes, making him the ideal candidate to further strengthen and build on Pandora’s
