Kasper Rorsted Stepping Down as Adidas Chief
The Big a’s CEO since 2016 will resign from that role some time in 2023, after a suitable successor can be recruited, in what was described as a joint decision between Rorsted and Adidas’ supervisory board. Board chairman Thomas Rabe said that “the time is now right to initiate a change to give the company a fresh start,” following several difficult years managing through the pandemic and geopolitical tensions. Rorsted’s initial contract was extended for another five years in the summer of 2020, shortly after the outbreak of Covid. The search ... Log in to view full article.