Kasper Rørsted

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Kasper Rørsted
Born (1962-02-24) 24 February 1962 (age 59)

Kasper Rørsted (born 24 February 1962 in Aarhus) is a Danish manager who has been the CEO of German sportwear firm Adidas since 2016.[1]

Early life and education[edit]

During high school, Rørsted played handball for Denmark’s national youth team. He went on to study at Copenhagen Business School with further Executive Education at Harvard Business School.[2][3]

Career[edit]

Early career[edit]

In his early career, Rørsted worked with Oracle, Digital Equipment Corporation, and Compaq. From 2001 to 2002, he was managing director of Compaq Enterprise Business Group in EMEA.[4] He moved to the managing director position at HP EMEA from 2002 to 2004.[4] In 2005 he became director at Henkel, become vice chairman in 2007 and CEO in 2008. Under his stewardship, the group’s market capitalization quadrupled to more than €36 billion.[5][6][7]

In January 2016, it was announced that Rørsted would leave the company to become CEO of Adidas, replacing Herbert Hainer.[8][9] In 2020, the Adidas supervisory board extended his contract until 2026.[10]

Other activities[edit]

Rørsted has been a member of several corporate boards and non-profit organizations, including Siemens AG,[11] Nestlé,[12][13] and European Round Table of Industrialists (ERT).[14]

Personal life[edit]

Rørsted is married with four children. The family resides in Munich.[15]

References[edit]

  1. ^ "Kasper Rorsted to succeed Herbert Hainer as CEO of adidas AG".
  2. ^ James Shotter (January 22, 2016), Kasper Rorsted brings intellectual curiosity to Adidas Financial Times.
  3. ^ "Kasper Rorsted is running Adidas to the top of the market". Retrieved 2021-05-06.
  4. ^ a b Turula, Tom. "Adidas CEO says his worst career setback was getting fired from HP for having a bad attitude". Business Insider. Retrieved 2021-05-06.
  5. ^ James Shotter (January 22, 2016), Kasper Rorsted brings intellectual curiosity to Adidas Financial Times
  6. ^ Caroline Copley (May 30, 2013), Henkel boss is possible candidate for ABB CEO - report Reuters
  7. ^ Ludwig Burger and Frank Siebelt (June 20, 2013), BASF rules out deputy CEO taking top job at Linde Reuters.
  8. ^ Keith Weir (January 18, 2016), Henkel CEO quits after 8 years, reviving talk of Adidas move Reuters.
  9. ^ Maria Sheahan and Emma Thomasson (January 18, 2016), Adidas names Henkel's Rorsted to replace Hainer as CEO Reuters.
  10. ^ Riham Alkousaa (August 4, 2020), Adidas extends CEO Rorsted's contract for five years Reuters.
  11. ^ Siemens proposes new Supervisory Board members to its Annual Shareholders’ Meeting Siemens, press release of December 8, 2020.
  12. ^ Nestlé nominates three new independent directors to Board Nestlé, press release of January 18, 2018.
  13. ^ Martinne Geller (January 18, 2016), Nestle nominates three board directors to help advance strategy Reuters.
  14. ^ Members European Round Table of Industrialists.
  15. ^ James Shotter (January 22, 2016), Kasper Rorsted brings intellectual curiosity to Adidas Financial Times.

External links[edit]