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Exit of long-time Henkel boss blamed on falling sales.
August 23, 2022
By: TOM BRANNA
Editor
Former Henkel CEO Kaspar Rorsted is leaving Adidas, according to the company. His departure is being blamed on weak Q2 results and declining sales in China. The move comes just days after another veteran beauty executive found new opportunities in the footwear industry. Former Ulta CEO Mary Dillon recently joined Foot Locker as CEO. Rorsted joined Adidas from Henkel in 2016. He will remain CEO while the search for a successor is underway. The switch is expected early next year, and Adidas in...
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