Puma India’s managing director, Karthik Balagopalan, has stepped down to focus on family matters in Germany, effective immediately. Puma said a successor would be announced soon.

Puma stated, “Karthik Balagopalan has decided to leave Puma and has stepped down as the Managing Director of Puma India to focus on family priorities in Germany. We will officially announce the successor soon. We wish Karthik all the best.”

Balagopalan was appointed managing director of Puma India in May 2023, after serving as global director of retail and e-commerce, where he led the company’s global direct-to-consumer business. He joined Puma in 2006, holding several leadership positions in retail operations and business development at Puma India before moving on to global roles.

Image courtesy Puma