Adidas Chair Reelected to 2026 Despite Shareholder Revolt

Adidas chair reelected to 2026 despite shareholder revolt

Adidas shareholders have approved the re-election of Chairman Thomas Rabe despite a revolt, with some investors saying Rabe had too many outside commitments and the company had not done enough to find a successor.

Here you will find information on the topic "Adidas Supervisory Board". Read now "Adidas Chief Superintendent Rabe is allowed to continue for another year".

Economically, Adidas is more successful than ever. Good times, would not be the debate about the chairmanship of the Supervisory Board. In one year, incumbent Thomas Rabe must present a successor.

Many shareholders saw it as critical that the CEO of one listed company heads another's Supervisory Board. However, in the end, approval for Thomas Rabe was sufficient.

Fürth - Many shareholders saw it as critical that the CEO of one listed company heads another's Supervisory Board. However, in the end, the approval for Thomas Rabe was sufficient.

Contested by major institutional shareholders, Thomas Rabe, who is also the owner of Bertelsmann and RTL, obtained on Thursday a general meeting to extend his lease by one year.