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PUMA CFO Change Tests Turnaround Progress And Recent Share Price Momentum

PUMA CFO Change Tests Turnaround Progress And Recent Share Price Momentum

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  • PUMA appointed Mark Langer as Chief Financial Officer following the unexpected exit of Markus Neubrand.

  • The leadership change comes as PUMA continues a broad restructuring and brand reset effort.

  • The move follows recent profit warnings and arrives at a critical point for the company’s turnaround plans.

PUMA, listed as XTRA:PUM, is reshaping its leadership while working through a large restructuring and brand refresh. The share price stands at €25.98, with the stock up 3.9% over the past week and 17.8% over the past month. Over a 1 year period, the share price shows a 15.7%…

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