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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 />

>

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