PUMA CFO Markus Neubrand To Step Down; Appoints Mark Langer As Successor

PUMA SE said CFO Markus Neubrand will step down effective April 30 and Mark Langer will take over as CFO and Management Board member effective May 1. The announcement is a routine executive transition with no accompanying financial guidance or operational update. Market impact should be limited absent any further changes to strategy or outlook.

Analysis

PUMA SE said CFO Markus Neubrand will step down effective April 30 and Mark Langer will take over as CFO and Management Board member effective May 1. The announcement is a routine executive transition with no accompanying financial guidance or operational update. Market impact should be limited absent any further changes to strategy or outlook.