Home / Knowledge / News / Textiles / Adidas Group's CFO Klaus Flock to join CRAiLAR's BoD
Adidas Group's CFO Klaus Flock to join CRAiLAR's BoD
26
Jun '14
CRAiLAR Technologies Inc., which produces and markets CRAiLAR Flax fiber The Friendliest Fiber on the Planet, announced that Mr. Klaus Flock, currently CFO of adidas Group America, has agreed to join the Company's Board of Directors.
 
Mr. Flock is an 18-year veteran with adidas Group AG, where he has held numerous executive level positions for the company throughout Europe, Asia and North America.  Upon returning from Indonesia in 2006, where he was Managing Director of adidas Indonesia, he was appointed CFO of TaylorMade-adidas Golf until late 2011.  Since that time, he has held the position of CFO for adidas Group America, based in Portland, Oregon.   Mr. Flock is a graduate of the Universität Stuttgart with a Diplom-Kfm in accounting and finance.
 
"We are truly pleased Klaus has accepted our nomination, and grateful to adidas AG for allowing him to participate in this capacity.  Klaus's insight into the industry, knowledge of supply chains and global financial experience elevates our board structure to a new level with a further reaching  global scope. We look forward to his active participation with CRAiLAR and welcome him to the CRAiLAR team," said Ken Barker, CEO of CRAiLAR Technologies.
 
Commensurate with his appointment, the Company has granted Mr. Flock, in accordance with its current share option plan, a stock option to acquire up to an aggregate of 35,000 common shares of the Company at an exercise price of US$0.84/CDN$0.90 per common share for a period of five years and have been granted in accordance with the terms of the Company's 2011 Fixed Stock Option Plan.  The options will vest over a period of twelve months.
 
About CRAiLAR Technologies Inc.
CRAiLAR(R) Technologies Inc. offers cost-effective and environmentally sustainable natural fiber in the form of flax, hemp and other bast fibers for use in textile, industrial, energy, medical and composite material applications. Produced using a fraction of water and chemical inputs compared with other natural fibers, CRAiLAR Flax is the newest natural fiber introduction to the market in decades. The Company supplies its CRAiLAR fibers to IKEA, Georgia-Pacific, HanesBrands, Tuscarora Yarns, Target Corp., Cone Mills, Cotswold Industries and Kowa Company for commercial use, and to Levi Strauss & Co., Ashland, PVH Corp. and Lenzing for evaluation and development. The Company was founded in 1998 as a provider of environmentally friendly, socially responsible clothing.
 

CRAiLAR Technologies


Must ReadView All

Indian govt doubles MEIS incentive for garments, madeups

Textiles | On 25th Nov 2017

Indian govt doubles MEIS incentive for garments, madeups

Amid a sharp fall in exports, especially in October 2017, the Indian...

Bangladesh agrees to EU conditions for trade benefits

Apparel/Garments | On 25th Nov 2017

Bangladesh agrees to EU conditions for trade benefits

Bangladesh has decided to amend its labour law and the Bangladesh...

Infrastructure status to boost Indian logistics sector

Textiles | On 25th Nov 2017

Infrastructure status to boost Indian logistics sector

With the Indian logistics sector being granted infrastructure status, ...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Mark Paterson
Technical Absorbents Ltd

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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

November 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search