Puma appoints Ramprasad Sridharan as head of India business
German sportswear company Puma SE announced the appointment of Ramprasad Sridharan as managing director of Puma India on Wednesday. The 47-year-old will take up his new post in December. He will report directly to chief commercial officer (CCO) Matthias Bäumer, the group explained. Sridharan succeeds Karthik Balagopalan, who announced his departure at the end of October.
According to Puma, Sridharan has “25 years of experience in building brands across the Asia-Pacific region”. Most recently, he led the comprehensive transformation of the company as CEO and managing director of United Colors of Benetton India. Prior to that, he worked for Clarks and Reebok India.
Bäumer explained the personnel decision: “Ram is a highly experienced manager with an impressive track record in the fashion and footwear industry. He brings comprehensive retail expertise to Puma that will strengthen our operations and promote India as one of our key markets,” he stated. “I am confident that his solid background will help accelerate the growth of Puma India. He will play a crucial role in translating our global strategic priorities into regional success.”
Read more:
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