![Jochen Zeitz (L) CEO of German sports goods firm Puma and Franz Koch, head of strategy and development, arrive for company's annual shareholders' meeting in Herzogenaurach April 14, 2011. Puma announced on Jochen Zeitz (L) CEO of German sports goods firm Puma and Franz Koch, head of strategy and development, arrive for company's annual shareholders' meeting in Herzogenaurach April 14, 2011. Puma announced on](https://c8.alamy.com/comp/2E5R5HG/jochen-zeitz-l-ceo-of-german-sports-goods-firm-puma-and-franz-koch-head-of-strategy-and-development-arrive-for-companys-annual-shareholders-meeting-in-herzogenaurach-april-14-2011-puma-announced-on-thursday-that-koch-is-designated-to-become-chief-executive-officer-ceo-upon-the-transformation-of-the-company-into-a-european-corporation-se-koch-will-succeed-pumas-current-ceo-zeitz-after-18-years-in-this-position-reutersmichaela-rehle-germany-tags-sport-business-2E5R5HG.jpg)
Jochen Zeitz (L) CEO of German sports goods firm Puma and Franz Koch, head of strategy and development, arrive for company's annual shareholders' meeting in Herzogenaurach April 14, 2011. Puma announced on
![Puma-CEO Jochen Zeitz is pictured during the balance press conference of the German shoes and sportswear company in Nuremberg, Germany, 18 February 2009. The world?s third largest manufacturer of sports equipment suffered Puma-CEO Jochen Zeitz is pictured during the balance press conference of the German shoes and sportswear company in Nuremberg, Germany, 18 February 2009. The world?s third largest manufacturer of sports equipment suffered](https://c8.alamy.com/comp/D4JM8H/puma-ceo-jochen-zeitz-is-pictured-during-the-balance-press-conference-D4JM8H.jpg)
Puma-CEO Jochen Zeitz is pictured during the balance press conference of the German shoes and sportswear company in Nuremberg, Germany, 18 February 2009. The world?s third largest manufacturer of sports equipment suffered
![Puma AG CEO Jochen Zeitz (R) welcomes French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault for a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and Puma AG CEO Jochen Zeitz (R) welcomes French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault for a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and](https://c8.alamy.com/comp/DAWF8N/puma-ag-ceo-jochen-zeitz-r-welcomes-french-luxury-group-pinault-printemps-DAWF8N.jpg)
Puma AG CEO Jochen Zeitz (R) welcomes French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault for a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and
![Jochen Zeitz, CEO of German sports goods firm Puma prepares himself before a news conference with PPR in Nuremberg April 12, 2007. French retailer PPR said it has not set a minimum Jochen Zeitz, CEO of German sports goods firm Puma prepares himself before a news conference with PPR in Nuremberg April 12, 2007. French retailer PPR said it has not set a minimum](https://c8.alamy.com/comp/2D1EPT0/jochen-zeitz-ceo-of-german-sports-goods-firm-puma-prepares-himself-before-a-news-conference-with-ppr-in-nuremberg-april-12-2007-french-retailer-ppr-said-it-has-not-set-a-minimum-acceptance-threshold-for-its-bid-to-take-over-german-sportswear-group-puma-ppr-said-on-thursday-reutersmichaela-rehle-germany-2D1EPT0.jpg)