Adidas makes a change at the top
November 8, 2022
Bjørn Gulden, who has led Puma SE for nine years, will become CEO of Adidas AG beginning on Jan. 1. He replaces Kasper Rorsted who is stepping down following a series of disappointing quarterly results and a reduction in the company’s forecast. Adidas CFO Harm Ohlmeyer will serve as interim CEO through the balance of the year.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.