PUMA, a sports company, has announced the appointment of Ramprasad Sridharan as Managing Director of PUMA India.
He will report directly to the PUMA Chief Commercial Officer, Matthias Bäumer. Sridharan replaces Karthik Balagopalan, who decided to pursue new interests outside the company.
Sridharan brings over 25 years of experience in brand building across the Asia Pacific region, including digital growth and commercial strategy. Most recently, he was the CEO and Managing Director at United Colors of Benetton India, where he led large-scale transformation initiatives.
Before joining United Colors of Benetton India, Sridharan held various senior leadership roles at companies such as Clarks and Reebok India. His career has been defined by a strong focus on building a strong commercial strategy, with a special emphasis on leadership, organizational development, driving change and transformation, and fostering high-performance work environments.
Matthias Bäumer, Chief Commercial Officer, PUMA, said, “Ram is a highly experienced leader with a strong track record in the fashion and footwear industry. He brings deep retail expertise to PUMA that will strengthen our operations and support India as one of our key markets. I am confident that his strong background will help accelerate PUMA India’s growth and play a crucial role in turning our global strategic priorities into regional success. I want to also thank Karthik for his two decades with PUMA and wish him the best for his future.”

