Puma appoints Markus Neubrand as new CFO, shares rise
Sept 26 (Reuters) -German sportswear makers Puma PUMG.DE appointed on Thursday Markus Neubrand as its new Chief Financial Officer and a member of the Management Board effective from Oct. 1, the company said in a statement.
The contract of current CFO Hubert Hinterseher, who was in the office since June 2021, will end by mutual agreement on Dec. 31, the company added.
Shares in Puma are up 4% following the news.
Reporting by Amir Orusov and Anastasiia Kozlova, Editing by Madeline Chambers
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