March 2009
Sport brand Puma has appointed Klaus Bauer member of its Board of Management and Chief Operating Officer. This announcement comes with the stepping down of Chief Financial Officer, Dieter Bock, from the Board in going on with personal life planning.
The appointment of Bauer is effective August 1. Bock has been with Puma since 1979 and a Board member since 2005.
As the new COO, Bauer will take over responsibility for finance, controlling, legal, operations, logistics, IT, and human resources. He has been working for Puma for 20 years in different positions and in his current role as Senior Executive Vice President, is responsible for IT, operations, logistics and regional as well as strategic projects related to company expansion.
Dieter Bock will remain in charge of Finance until he leaves the company on July 31.
Jochen Zeitz, Chairman and CEO of Puma AG said, “We are pleased to welcome Klaus Bauer as a new Member to the Board of Management of Puma AG in August this year. He brings along an extensive experience in different management positions within PUMA and has an outstanding knowledge of organizing, leading and managing the full range of operational business processes.
We regret that Dieter Bock has made the decision to leave the company and are grateful for his successful work at Puma for many years. In more than 30 years that he has been with the company, he achieved a great track record and contributed significantly to the company’s financial performance in the last years and Puma’s current solid financial position.”
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