CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has appointed Bjorn Gulden, as its new chief executive, and he will take over the German sportswear brand in January as the company?
A
Adidas
B
Reebok
C
Nike
D
Puma
Explanation: 

Detailed explanation-1: -Explanation: Adidas has appointed Bjorn Gulden, the CEO of rival Puma, as its new chief executive, and he will take over the German sportswear brand in January as the company.

Detailed explanation-2: -The Supervisory Board of adidas has decided on the successor to CEO Kasper Rorsted: Bjørn Gulden will become Member of the Executive Board and CEO of adidas AG, Herzogenaurach/Germany, as of January 1, 2023.

Detailed explanation-3: -Thore Ohlsson. While studying Business Administration at Lund University in Sweden, Thore Ohlsson founded two companies in the sports- and leisure industry which he successfully sold in 1980. In 1981 he became CEO of Swedish Tretorn Group producing tyre tubes, rubber boots, sneakers and sports equipment.

Detailed explanation-4: -adidas reported its Chief Executive Officer (CEO) role would become vacant at the start of 2023 as it would be parting ways with Kasper Rørsted. Today, PUMA announced that its current CEO, Bjørn Gulden, would be replaced by Arne Freundt – the brand’s Chief Commercial Officer – on January 1st of next year.

There is 1 question to complete.