Jochen Zeitz resigns from the Board of Puma16 October 2012
Sports brand Puma SE announced on October 15 that the Chairman of the Administrative Board Jochen Zeitz has announced his resignation from office as member and Chairman of the Administrative Board with effect as of November 30, 2012 by letter to the Deputy Chairman of the Administrative Board François-Henri Pinault.
Jochen Zeitz remains member of the Board of Directors of PPR SA, the main shareholder of Puma SE and also chairs the Sustainability Committee of PPR SA.
The Administrative Board of Puma SE will elect a new chairman with effect as of December 1, 2012 in its regular meeting on October 23, 2012.
In recent months Zeitz has been a critic of the leather industry and has stated that he would like to eventually see leather dropped from Puma's range of sportswear.