PUMA Names ANTA's Dennis Tao as Supervisory Board Chairman, Shares Rise 3%

PUMA SE (PUM.DE) appointed Dennis Tao as Chairman of its Supervisory Board, effective October 21, following ANTA Sports Products' purchase of Artémis SAS' stake in the German athletic apparel maker earlier this month. Tao, currently Head of M&A and Capital Markets at ANTA, succeeds Héloïse Temple-Boyer, whose tenure ended with the stake sale. Jeanne Huang, CEO of PIPA International and a former senior executive at ANTA and Nike, was also named to the board. Both appointments run until the annual general meeting in May 2027. Roland Krueger will serve as Deputy Chairman and Chairman of the Audit Committee, succeeding Jean-Marc Duplaix. Tao previously sat on the Board of Directors of Amer Sports from 2019 to 2026. PUMA shares were up 3.02% at EUR 25.25 on XETRA.