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Adidas Proposes Nassef Sawiris as New Chairman and Extends CEO ...

German sportswear giant Adidas announced a significant restructuring of its top-tier leadership on Wednesday, nominating board member and Egyptian billionaire Nassef Sawiris as its next Chairman.

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The Egyptian billionaire transferred his residence to Milan to benefit from the flat tax. Gulden CEO confirmed. Döpfner, Axel Springer's CEO, enters the board. Record accounts, but the stock market collapses for estimates of 2026

·Italy
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Lean Right

Adidas reports good figures and is confident. The new Chairman of the Supervisory Board is also certain. Now the share price has to rise again. Two measures are to help.

·Düsseldorf, Germany
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Herzogenaurach - Surprise in Herzogenaurach: Just now Adidas has extended the contract of Chief Executive Officer Gulden, now the sporting goods manufacturer is reorganizing its Supervisory Board. A surprise is the appointment of Springer CEO Döpfner.

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manager magazin broke the news in on Wednesday, March 4, 2026.
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