Anta Sports Appoints Co-CEOs as Ding Shizhong Remains Chairman
The Chinese sportswear giant has separated the CEO and chairman roles, both of which were previously held by Ding Shizhong, who founded Anta in 1994 and built in into a company valued at $40 billion. Succeeding him as co-CEOs are Lai Shixian, who will run the core Anta brand and all other brands except Fila, and Wu Yonghua, who will take charge of Fila, the company’s international operations, and retail channel management. Lai was formerly Anta’s CFO, while Wu was chief executive officer of its Performance Sports Group. Ding will remain ... Log in to view full article.