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P_54 CAtch up | # 02_April 2013<br />
business P _55<br />
Coming<br />
Back<br />
to Score<br />
IT<br />
was a hard decision for him to make,<br />
he said. “Pandora is a great business<br />
which is performing well, but the<br />
sports industry has always been a major part of<br />
my life, and my role at PUMA will also allow my<br />
family to remain in Germany.” After just one and<br />
a half years as the CEO of Danish jewellery <strong>com</strong>pany<br />
Pandora, Björn Gulden decided to follow<br />
his passion and return to the Sports business by<br />
taking the helm at PUMA.<br />
Lucky us! With Björn Gulden, PUMA has gained<br />
an experienced sports industry expert, who has<br />
proven his leadership qualities and know-how in<br />
managing sports and footwear brands throughout<br />
his professional career of 20 years. The Norwegian<br />
knows his stuff when it <strong>com</strong>es to fashion<br />
and sports: in the 90s he spent 6 years at Adidas,<br />
Björn Gulden<br />
PUMA’s New CEO<br />
The ex-football professional is familiar with PUMA’s home turf: He used to<br />
play for the German Bundesliga club 1. FC Nürnberg and spent quite some<br />
years with our neighbours across the road in Herzogenaurach. He knows<br />
the sports industry inside out and is an expert in footwear retailing. PUMA<br />
could not have hoped for a better fit to get back on track.<br />
being responsible for Apparel and Accessories<br />
as Senior Vice President, and he was part of the<br />
management team that oversaw Adidas’ stock<br />
market launch. Adidas insiders, who know him<br />
from his time back in Herzogenaurach, called<br />
us fortunate. “This is a truly friendly chap and it<br />
was a pleasure to work with him,” said one longstanding<br />
Adidas employee, who remembers Gulden<br />
well.<br />
“Very sympathetic,” is also what Gerd Schmelzer,<br />
President of the 1. FC Nürnberg football club<br />
in the 80s called Gulden. He was an enormous<br />
football talent, but several injuries were obstacles<br />
on his career path, Schmelzer said. After<br />
Gulden played four matches for the club in the<br />
season of 1984/ 1985, a knee injury finally made<br />
him return to Norway where he studied Business<br />
1. Signing with the 1.FCN in the eighties. Now he's<br />
<strong>com</strong>ing back to the area<br />
2. The new CEO at Tuesday's Townhall Meeting<br />
3. Björn Gulden with Chairman Jean-François<br />
Palus (left)<br />
1<br />
2<br />
3<br />
and Administration. Two years later, he also obtained<br />
an MBA from the Babson Graduate School<br />
of Business in Boston.<br />
In 1999 Gulden left Adidas and moved back to<br />
his home country Norway to work for outdoor<br />
apparel <strong>com</strong>pany Helly Hansen, where he headed<br />
Product, Marketing and Sourcing. In 2000,<br />
however, he joined Deichmann, Europe’s largest<br />
footwear retailer, as General Manager and<br />
Director, where he headed the US-subsidiaries<br />
Rack Room Shoes and Off Broadway Shoes as<br />
CEO and President.<br />
There is no doubt that Gulden’s international<br />
experience and extensive knowledge of the footwear<br />
business as well as the sporting goods industry<br />
will benefit PUMA in the current situation,<br />
where we need to get back to profitable growth.<br />
He knows the products and the <strong>com</strong>petition very<br />
well, is familiar with the PUMA brand and aware<br />
of what it takes to succeed in the current <strong>com</strong>petitive<br />
markets.<br />
The 47-year old, who speaks Norwegian, English<br />
and German, is quite keen himself to join us: “I<br />
am honoured and look forward to taking on the<br />
position as CEO of PUMA, one of the industry’s<br />
most exciting and powerful brands,” he said.<br />
“PUMA enjoys an enormous potential – both in<br />
the Performance and in the Lifestyle markets,<br />
and I am eager to help unlock this potential and<br />
further grow the <strong>com</strong>pany in the years to <strong>com</strong>e.”<br />
And the Zurich-born has proven that he can do<br />
it: Under Gulden’s one-year tenure, Pandora saw<br />
its stocks rise by 200 percent.<br />
>