Egyptian billionaire Nassef Sawiris is set to become the chair of German sportswear brand Adidas at its shareholder meeting in May, replacing a longtime chair who oversaw the company’s post-pandemic ...
March 4 (Reuters) - Adidas ⁠is ⁠proposing board ⁠member Nassef Sawiris as its ​new chairman, taking over from ‌Thomas Rabe, the ‌sportswear company said ⁠on ⁠Wednesday. Adidas has also extended to the ...
Reuters announces Adidas nominates Egyptian billionaire Nassef Sawiris as next chairman, replacing Thomas Rabe pending vote.
German sportswear maker Adidas AG plans to elect Egyptian billionaire Nassef Sawiris as chairman of its supervisory board ...
Adidas has proposed Egyptian billionaire Nassef Sawiris to become its chair and has extended the term of CEO Bjørn Gulden until the end of 2030.
The move comes as Adidas also extended CEO Bjorn Gulden’s contract through the end of 2030, signaling continued support for ...
Nassef Sawiris, with an estimated net worth of $7.7 billion according to Forbes, is no stranger to living an expensive lifestyle. As a successful business mogul and one of the wealthiest individuals ...