FRANKFURT Oct 15 German sportswear maker Puma
SE on Monday said long-time executive Jochen Zeitz
will resign as chairman of the administrative board effective
The company said it will elect a new chairman with effect of
Dec. 1, 2012.
In March, Puma's parent company French luxury goods maker
PPR said that Jochen Zeitz would leave his post as
head of its Sport & Lifestyle division to take on a new role as
head of sustainability at the group.
In 2010 PPR had charged Zeitz, the long-term CEO of its Puma
unit, with building up a portfolio of brands centred around
Puma, in a bid to expand its sports and lifestyle offering.
(Reporting By Edward Taylor)