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Adidas CEO leaves Danfoss

Pressure from an overwhelming amount of work is the reason why the CEO of Adidas is now stepping down from the board at Danfoss.

Photo: Matthias Schrader/AP/Polfoto/Arkiv

The board of Danish industry group Danfoss will bid farewell to Kasper Rørsted, CEO of German sportswear major Adidas, reports Danish media Finans. Rørsted is a Danish businessman with one of the highest positions outside of Denmark.

The news comes from Chairman and Co-owner, Jørgen Madsen Clausen, ahead of Danfoss' general assembly next week.

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