Adidas Extends CEO Contract
August 04 2020 - 5:55AM
Dow Jones News
By Giulia Petroni
Adidas AG said Tuesday that the supervisory board has extended
the contract of Chief Executive Kasper Rorsted by an additional
five years until July 31, 2026.
The German sporting-goods company said the extension will take
effect from August 1, 2021.
Mr. Rorsted has been CEO of the company since October 2016.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
August 04, 2020 05:40 ET (09:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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