Sports article: Chinese shareholder Anta appoints Puma supervisory board chairman

Anta will have two supervisory boards in the future. Dennis Tao is supposed to lead the committee; he was previously at another sports textile manufacturer. Anta holds a minority stake in Puma.

Munich. The new Puma major shareholder Anta Sports is moving two members onto the supervisory board of the Herzogenaurach-based sporting goods manufacturer and is also appointing the committee's chairman. Dennis Tao was elected chairman of the supervisory board, Puma announced on Wednesday.

The 50-year-old succeeds Heloise Temple-Boyer, who had represented the previous major shareholder Artemis on the Puma supervisory board since 2019 and was its chairwoman since 2022. Artemis, the holding company of the French billionaire Pinault family, sold its 29 percent stake in Puma to Anta.

Tao leads Anta's mergers and acquisitions business and most recently worked for Amer Sports for seven years. Similar to Puma, Anta has a minority stake in the Finnish company (Salomon skis, Wilson tennis rackets and Arcteryx functional clothing).

As requested, Anta provides two members of the Puma supervisory board. In addition to Tao, Jeanne Huang (56) was also appointed as a member of the committee by the district court, initially until the general meeting in May 2027.

Huang manages a daughter of Anta. She replaces Jean-Marc Duplaix on the Puma supervisory board, who heads the operational business of the luxury goods group Kering, which is controlled by Pinault.