People: adidas AG (ADSGn.DE)
26 Aug 2016
Mr. Herbert Hainer has decided to step down as Chief Executive Officer and Chairman of the Executive Board at adidas AG effective September 30, 2016, which he served since March 2001. Since March 1997, he has been Member of the Company's Executive Board. In addition to his current duties at the Company, he holds the position of Member of the Supervisory Boards of Allianz Deutschland AG and Deutsche Lufthansa AG, as well as Deputy Chairman of the Supervisory Board, FC Bayern Muenchen AG. He joined adidas Germany in 1987 and has held numerous management positions within the Group, including Managing Director Germany and Senior Vice President for Sales and Logistics in Europe, Africa and the Middle East. Mr. Hainer originally studied business and spent eight years with Procter & Gamble in various sales and marketing positions.
|Total Annual Compensation, EUR||2,921,730|
|Restricted Stock Awards, EUR||--|
|Long-Term Incentive Plans, EUR||--|
|All Other, EUR||--|
|Fiscal Year Total, EUR||2,921,730|