FRANCE: Zeitz to lead PPR sustainability committee
Jochen Zeitz is to take on new group sustainability role
French luxury goods group PPR is setting up a new sustainability committee that will be chaired by Jochen Zeitz, in a change that will see him stepping down as CEO of the company's sport and lifestyle division in October.
The appointment is due to be approved at a shareholders' meeting next month, and would also see Zeitz nominated as a director. His role as chairman of Puma's administrative board remains unchanged, the company said.
Zeitz was appointed chief sustainability officer at PPR in October 2010, and later launched PPR Home, a sustainability initiative across the group. He will continue to guide PPR's sustainability agenda and provide strategic leadership to PPR's Home programme
A spokesperson for the company today (21 March) told just-style this is the next "logical" step for Zeitz.
The decision to set up a sustainability committee is intended to establish sustainability as a key driver across the PPR business.
"In deciding to dedicate more of my time towards my initiatives around conservation and sustainability, I am also looking forward to providing continued support for PPR's strategy in the Sport & Lifestyle division, and help guide the group's sustainable development as a member of the board," Zeitz said.
The PPR Sport & Lifestyle division will report to group managing director Jean-François Palus.
The PPR Group also includes Gucci, Yves Saint Laurent, Alexander McQueen, Balenciaga, and Stella McCartney.
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