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Kasper Rørsted

Chief Executive, Adidas Group

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Biography

Kasper Rørsted is the chief executive of Adidas Group. Taking on the role in October 2016, Rorsted is charged with reinvigorating Reebok as well as continuing his track record of boosting revenue and improving margins at Adidas, as achieved with some of Europe’s biggest consumer goods groups.

Previously chief executive officer of Henkel between 2008 and 2016, Rorsted was announced as the successor to Herbert Hainer, who led the German footwear giant for 15 years.

“Kasper Rørsted is the perfect candidate to succeed Herbert Hainer as CEO of adidas AG,” said Igor Landau, chairman of the supervisory board of Adidas in a statement at the time. “He has extensive international management experience, having held positions with high-calibre companies such as Oracle, Compaq and Hewlett Packard.”

According the Financial Times, when his departure from chemical and consumer goods company Henkel was announced, shares in the German group lost almost $1.2 billion off their market value, while Adidas gained a similar amount.

In an interview with CNBC in 2017, Rørsted made clear his intention to focus largely on digital marketing at Adidas. “All of our engagement with the consumer is through digital media and we believe in the next three years we can take our online business from approximately €1 billion to €4 billion and create a much more direct engagement with consumers.” He said.

The Danish born executive studied at the Copenhagen Business School before completing his MBA at Harvard Business School.

Career

Henkel

Henkel

Chief Executive

2008 - 2016

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Vital Statistics

Born
24 February 1962
Nationality

Denmark

Location
Germany

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