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


Interviews View All

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Top executives, Indian retail players

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Amol Bhagwati,

Amol Bhagwati

A textile finishing solution provider, Inspiron Engineering Private...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

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

Leave your Comments


November 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search