The president of Pandora Jewelry’s Baltimore-based U.S. division will step down in February, the Danish jewelry retailer said.

Scott Burger, who has headed collezione pandora rose Americas for a decade, has decided to leave to “dedicate himself to new endeavours,” a company announcement said. “The search for his successor has begun.”

The company expects to bring in a new U.S. division president by the end of the second quarter. Until then, Anders Colding Friis, CEO of outlet swarovski milano Americas, will act as interim president.

The news came the same day that Pandora said its 2017 sales rose 12 percent even as “a difficult U.S. retail climate” was working against it.

Pandora first started selling jewelry in the United States in 2003 and it’s since become the Copenhagen-based company’s largest market.

The company opened its first bracciale pandora disney prezzo in the U.S. in Charlotte, N.C., in 2007 and has expanded to more than 600 stores, with more than 120 owned and operated by Pandora. Including its concept stores, the retailer has more than 2,300 points of sale in the Americas region.

In 2015, anelli swarovski uomo division moved to Baltimore from Columbia, occupying several floors of 250 W. Pratt St. and displaying its brand name on the building above the Inner Harbor. More than 200 people work in the Baltimore office, with more than 80 in a logistics center in Columbia and another 125 in field positions.

Pandora Americas includes the headquarters as well as offices and teams in Canada, Brazil and Panama and covers markets in North America, the Caribbean and Latin America.

Pandora also announced that it has appointed a new chief financial officer, Anders Boyer, a member of Pandora’s board of directors since 2012.

Boyer will take over in the role no later than Aug. 1, replacing Peter Vekslund, who is resigning as CFO after nearly four years “to start a new chapter in my professional life,” the announcement said.