Adidas says CEO to leave next year in mutually agreed decision

Adidas ADS, -5.21% in a brief statement said that CEO Kasper Rorsted will leave next year. The company said the decision was made mutually by Rorsted and the board. He will stay on until a successor has been appointed. Adidas shares fell 3% in Frankfurt and have dropped 37% this year.

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Adidas says CEO to leave next year in mutually agreed decision

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