Puma CEO to step down at end of March
FRANKFURT Dec 12 (Reuters) - German sportswear maker Puma said on Wednesday its Chief Executive Franz Koch would step down at the end of March, by mutual agreement.
Puma, which is just over 80 percent controlled by French luxury goods group PPR, said Koch would work with the new Chairman, Jean-Francois Palus, until he leaves to secure Puma's on-going operational transformation and generate profitable growth. (Reporting by Maria Sheahan)
- Search for Malaysian plane may extend to Indian Ocean: U.S. |
- Search for Malaysian plane may extend to Indian Ocean - U.S |
- Russia blocks internet sites of Putin critics
- Tire blows out on passenger jet taking off at Philadelphia airport
- Russia holds war games near Ukraine; Merkel warns of catastrophe |