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Pac Team Group names new CFO
The luxury display, packaging and fixture company has appointed fashion industry veteran Dieter Pasewaldt as its worldwide chief financial officer.
Dieter Pasewaldt
Lausanne, Switzerland--Luxury display, packaging and fixture company Pac Team Group has appointed fashion industry veteran Dieter Pasewaldt to the newly created role of worldwide chief financial officer.
Pasewaldt joins the company with more than 25 years of global financial and operational experience in the branded fashion industry. He most recently served as vice president of finance at Kenneth Cole Productions and also held the corporate controller position at the company.
Prior to that, he was a certified public accountant at Ernst & Young, working in its retail and apparel audit group. He holds both a BBA and an MBA degree from New York’s Pace University and is a chartered global management accountant.
“With offices and facilities across the globe and a need for them to all work together seamlessly, it is vital that our group governance be made up of the highest caliber individuals,” Pac Team CEO Alain Borle said.
Pac Team also recently opened its first U.S. production facility in Chicago to help serve its North American customers. It is the company’s third factory as it already has facilities in Dongguan, China and Turin, Italy.
Switzerland-based Pac Team offers point-of-sale pieces to watchmakers and other purveyors of fashion and luxury goods, such as displays, packaging, shop-in-shops, retail fixtures and exhibition stands.
Current clients include Audemars Piguet, Bell & Ross, Patek Philippe, Bulgari, Forevermark and David Yurman, among other companies in the industry.
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