Adidas names Gulden new CEO

Adidas names Gulden new CEO
# 08 November 2022 19:39 (UTC +04:00)

Adidas AG announced on Tuesday in a statement that the company's Supervisory Board decided to name Bjorn Gulden, Puma SE's outgoing chief executive officer, as its new CEO, APA reports citing Tele Trader.

Gulden will be replacing Adidas' current CEO Kasper Rorsted, with the decision effective January 1, 2023. The company shared that Rorsted and the Supervisory Board "mutually agreed that he will step down as CEO and leave the company upon expiry of November 11, 2022."

"Harm Ohlmeyer, Chief Financial Officer of Adidas AG, will lead the company in the interim until December 31, 2022," the company stated.

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THE OPERATION IS BEING PERFORMED