At its meeting today, 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, today’s 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.
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