adidas-Salomon AG announces management change in North America

Herzogenaurach, 12/01/2000 - Steve Wynne, President and CEO of adidas-Salomon America, has decided to leave the company. In order to ensure a smooth transition, he will remain in charge of adidas-Salomon America until his successor takes up his position. A successor will be appointed in the near future..

Herbert Hainer, Deputy Chairman of the Board of adidas-Salomon AG and responsible for Region Europe and Region Asia/Pacific, will assume temporary additional responsibility for Region America. In this role, he will personally take charge of finding the right person to fit into the new adidas-Salomon management team and lead the company in America to continued growth.

Steve Wynne (47) joined adidas America in 1995. His efforts in this position were an important factor in the turnaround that the adidas brand has seen in North America over the past few years.

Robert Louis-Dreyfus, CEO of adidas-Salomon AG, said: "I would like to thank Steve for his commitment to the company. I would also like to thank him for his own personal contribution in giving our brand new impetus and strength in an important market."

Herbert Hainer, Deputy Chairman of the Board of adidas-Salomon AG, stated: "North America is a key market for the sporting goods industry. adidas has seen significant growth over the last few years there. We are determined that this growth should continue. Our management changes in 2000 will ensure the continued expansion of adidas-Salomon in this critical market."