GBAF Logo
Finance

Puma appoints former Adidas' CIO Andreas Hubert as COO

Published by Global Banking & Finance Review

Posted on July 31, 2025

1 min read

· Last updated: January 22, 2026

Add as preferred source on Google
Puma appoints former Adidas' CIO Andreas Hubert as COO
Appointment management financial services corporate governance business strategy
Global Banking & Finance Awards 2026 — Call for Entries

(Reuters) -Puma said on Thursday that it had appointed Adidas' former chief information officer, Andreas Hubert, as chief operating officer from September 1, expanding its management board to five

Puma appoints former Adidas' CIO Andreas Hubert as COO

Puma's Executive Leadership Changes

(Reuters) -Puma said on Thursday that it had appointed Adidas' former chief information officer, Andreas Hubert, as chief operating officer from September 1, expanding its management board to five members.

Role of Andreas Hubert

Hubert will be in charge of Puma's global sourcing operations, the company said, as it shifts responsibilities that were previously divided between its chief product officer, CFO and CEO roles to the new position.

Background of Arthur Hoeld

Puma's chief, Arthur Hoeld, was also a former top executive at Adidas before joining the struggling sportswear brand as CEO.

(Reporting by Linda Pasquini, Editing by Miranda Murray)

Key Takeaways

  • Puma appoints Andreas Hubert as COO.
  • Hubert was formerly Adidas' CIO.
  • Puma expands its management board to five members.
  • Hubert will oversee global sourcing operations.
  • Arthur Hoeld, Puma's CEO, also has Adidas background.

Frequently Asked Questions

Who has been appointed as Puma's new COO?
Puma has appointed Andreas Hubert, the former chief information officer of Adidas, as its new chief operating officer starting September 1.
What will Andreas Hubert be responsible for at Puma?
Andreas Hubert will oversee Puma's global sourcing operations, taking on responsibilities that were previously shared among the chief product officer, CFO, and CEO.
What is the background of Puma's CEO Arthur Hoeld?
Arthur Hoeld, Puma's CEO, was also a top executive at Adidas before joining Puma, which has been struggling in the sportswear market.

Tags

Related Articles

Image for Trump tells Fox News Iran can call US if it wants to negotiate

Trump tells Fox News Iran can call US if it wants to negotiate

Image for Australia's Wong to visit Japan, China, South Korea to discuss energy security

Australia's Wong to visit Japan, China, South Korea to discuss energy security

Image for Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Image for Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Image for Russian defence minister visits North Korea

Russian defence minister visits North Korea

Image for Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says

Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says

More from Finance

Explore more articles in the Finance category

Image for Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Image for Germany's far-right AfD rises to record 28%, INSA poll shows
Germany's far-right AfD rises to record 28%, INSA poll shows
Image for German government suspects Russia of Signal attack targeting politicians, sources say
German government suspects Russia of Signal attack targeting politicians, sources say
Image for Romania finds parts of second drone after overnight Russian attack on Ukraine
Romania finds parts of second drone after overnight Russian attack on Ukraine
Image for China condemns EU's inclusion of Chinese entities in sanctions package against Russia
China condemns EU's inclusion of Chinese entities in sanctions package against Russia
Image for Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Image for Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Image for France's Macron says EU mutual assistance clause is unambiguous
France's Macron says EU mutual assistance clause is unambiguous
Image for US to let Venezuela pay Maduro's lawyer in drug trafficking case
US to let Venezuela pay Maduro's lawyer in drug trafficking case
Image for Italy votes down equal parental leave while fathers redefine their role online
Italy votes down equal parental leave while fathers redefine their role online
Image for German auto industry faces even tougher competition as China economy slows
German auto industry faces even tougher competition as China economy slows
Image for Romania says drone fragments damage property during overnight Russian attack on Ukraine
Romania says drone fragments damage property during overnight Russian attack on Ukraine
View All Finance Posts