Adidas AG: Bjœrn Gulden to become CEO of adidas AG
November 08, 2022 at 06:37 am EST
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EQS-Ad-hoc: adidas AG / Key word(s): Personnel
adidas AG: Bjœrn Gulden to become CEO of adidas AG
08-Nov-2022 / 12:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
FOR IMMEDIATE RELEASE
Herzogenaurach, November 8, 2022
Bjœrn Gulden to become CEO of adidas AG
The Supervisory Board of adidas AG resolved upon the succession for adidas CEO Kasper Rorsted. Effective January 1, 2023, Bjørn Gulden is appointed as member of the Executive Board and CEO of adidas AG. Kasper 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.
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Contacts:
Media Relations
Investor Relations
corporate.press@adidas.com
investor.relations@adidas.com
Tel.: +49 (0) 9132 84-2352
Tel.: +49 (0) 9132 84-2920
For more information, please visit adidas-group.com.
08-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
adidas AG
Adi-Dassler-Straße 1
91074 Herzogenaurach
Germany
Phone:
+49 9132 84 0
Fax:
+49 9132 84 2241
Internet:
www.adidas-group.com
ISIN:
DE000A1EWWW0, US00687A1079, US00687P1049
WKN:
A1EWWW, A0MNCC , 909676
Indices:
DAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
adidas AG is one of the world leaders in the design, manufacturing and marketing of sports equipment and articles. The group's products are sold primarily under the following brands: adidas, TaylorMade and Reebok. Net sales (before intragroup eliminations) break down by family of products as follows:
- shoes (56.7%);
- clothing (36.4%);
- sports equipment (6.9%): golf equipment (golf clubs, balls, gloves, metal clubs, etc.; No. 1 worldwide; TaylorMade and Maxfli), bags, balls, etc.
At the end of 2023, the products are marketed through a network of more than 2,000 stores worldwide.
Net sales are distributed geographically as follows: Europe-Middle East and Africa (39.4%), North America (24.4%), China (15%), Latin America (10.7%) and Asia/Pacific (10.5%).