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Adidas chief executive Kasper Rorsted to leave role in 2023

German sportswear giant Adidas has confirmed that chief executive officer Kasper Rorsted will stand down from his role next year, with the search for a new successor already underway. In a statement, the Adidas Supervisory Board said it “mutually agreed” with Rorsted that he would hand over the CEO position in 2023, a position he has held since...

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