Adidas AG announced on Monday that it had started a CEO transition. Kasper Rorsted (pictured), CEO of Adidas, and the Supervisory Board jointly agreed that Kasper Rorsted will step down in 2023, APA reports citing Teletrader.
"As a company, we have achieved great progress in strategic areas of our business. I am proud of our achievements as a team. The past years have been marked by several external factors that disrupted our business significantly. It required huge efforts to master these challenges. This is why enabling a restart in 2023 is the right thing to do - both for the company and me personally," Rorsted said.
According to the statement issued by the company, he will remain CEO until his successor is appointed.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
