PUMA has appointed Ramprasad Sridharan as the new managing director for India, effective December 2025. He will report to PUMA’s Chief Commercial Officer, Matthias Bäumer, and succeeds Karthik Balagopalan, who is exiting the company.

Sridharan brings more than 25 years of experience in brand and retail leadership across Asia Pacific. He most recently served as CEO and managing director at United Colors of Benetton India and has previously held senior roles at Reebok India and Clarks.

“Ram’s proven expertise in the fashion and footwear industry will strengthen our retail strategy in India and help accelerate market growth,” said Bäumer.

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