The Traderszone Network

Published in TZ Latest News 19 February, 2015 by The TZ Newswire Staff

Adidas launches search for new CEO

The board of German sportswear company Adidas (ADSGn.DE) has launched a formal search for a successor to long-serving Chief Executive Herbert Hainer, who has faced calls from some investors to step down after his contract was extended to 2017. “The supervisory board will now start to look for the best possible candidate for my succession both inside and outside the Adidas group,” he wrote.

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