Hugo Boss is getting a sportier twist. Shareholders of the German fashion company are expected to elect a new chairman for its supervisory board, Michel Perraudin, at the company's annual meeting on May 12. Perraudin, 68, is the former member of Adidas' executive board who acted as president of the World Federation of the Sporting Goods Industry between 2004 and 2007. A former partner of McKinsey & Co., he has been recently a member of the board at other companies including Tecnica Group and Odlo. At Hugo Boss, Perraudin is going to replace Hellmut Albrecht, who is leaving the board along with three other directors. Two of them have been representing Permira, the investment fund, which sold off its remaining shares in the German company last month.

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