Home / Knowledge / News / Apparel/Garments / Adidas extends Herbert Hainer's tenure as CEO till 2017
Adidas extends Herbert Hainer's tenure as CEO till 2017
05
Mar '14
The adidas AG Supervisory Board extended Herbert Hainer's contract and also his mandate as CEO of adidas AG by another two years beyond 2015 until March 2017. Herbert Hainer has been CEO of adidas AG since March 2001. 
 
"Under Herbert Hainer's leadership, the adidas Group has developed exceptionally well in the past 13 years. Since his appointment as CEO in March 2001, the value of the company has increased more than fivefold. I am delighted that Herbert Hainer has extended his contract as CEO of the adidas Group.
 
In light of his extremely successful performance we would have liked to tie him to the company for an even longer period. We are convinced that Herbert Hainer will continue to drive the company's success on its growth path," commented Igor Landau, Chairman of the Supervisory Board of adidas AG.
 
"At the same time, this decision gives us sufficient time to ensure a smooth transition at the helm of the adidas Group and to optimally facilitate the process of succession for the company. In the coming years, together with Herbert Hainer, we will continue to pursue the generation change which has already been initiated within the Group's management team, thus preparing the company for the next era of success. The adidas Group management team already ranks among the most international of all DAX-30 companies," Igor Landau continued.
 
About the adidas Group
The adidas Group is a global leader in the sporting goods industry, offering a broad portfolio of footwear, apparel and hardware for sport and lifestyle around the core brands adidas, Reebok, TaylorMade, Rockport and Reebok-CCM Hockey. Headquartered in Herzogenaurach/Germany, the Group employs more than 46,000 people across the globe and generated sales of € 14.9 billion in 2012. 

Adidas

Must ReadView All

Textiles | On 27th Sep 2016

SASEC countries plan greater economic cooperation

The six member countries of the South Asia Sub-regional Economic...

Textiles | On 27th Sep 2016

CBEC unveils draft rules for registration under GST

The Central Board of Excise and Customs (CBEC) has unveiled draft...

Textiles | On 27th Sep 2016

Swedish researchers develop new circular textiles process

A partnership between government owned Fouriertransform and private...

Interviews View All

Priyanka
Studio Priyanka Rajiv

Asim Dalal
Indo Count Retail Ventures

Awen Delaval
Samatoa

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search