Egyptian billionaire Nassef Sawiris to chair Adidas supervisory board

bild.de (German)

Egyptian billionaire Nassef Sawiris will become the new chairman of Adidas' supervisory board. Sawiris, already a significant shareholder, will lead the board after the May general meeting. Mathias Döpfner is also proposed as a new board member. Adidas also extended CEO Bjørn Gulden's contract until 2030, aiming to boost investor confidence despite recent stock performance.


With a significance score of 1, this news ranks in the top 61% of today's 29579 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


Egyptian billionaire Nassef Sawiris to chair Adidas supervisory board | News Minimalist