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Puma Gets New CEO

Franz Koch, Puma AG's head of strategy, will be the new CEO of the German company. He takes over from Jochen Zeitz next month. Zeitz has been promoted to oversee the sports and lifestyle division of PPR SA, which acquired Puma in 2007. Based in France, PPR also owns Gucci and Yves Saint Laurent.

Read the whole story at The Wall Street Journal »

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