SportBusiness.com

NEW PRESIDENT OF ADIDAS BRAND

Adidas-Salomon AG has appointed Erich Stamminger as president and CEO of the adidas brand with immediate effect.

Executive board member Stamminger will be in charge of the adidas brand’s business worldwide and report directly into Herbert Hainer, chairman and CEO of adidas-Salomon AG.

All global functions and regional heads of the adidas brand will report to Stamminger.

Stamminger, 48, was appointed to the executive board of adidas-Salomon AG in 1997. Since January 2000, he has served the company as board member responsible for global marketing.

In January 2004 he assumed additional responsibility for adidas in North America as president and CEO of adidas America Inc. Under his leadership, adidas achieved double-digit growth in the North American market in 2005.