SGB Sports & Fitness

Adidas Extends CFO Contract; Two Global Leaders Exit The Company

The Supervisory Board of Adidas AG has extended Harm Ohlmeyer’s appointment as chief financial officer for another three years until the beginning of 2028. Adidas also announced that Arthur Hoeld would replace Roland Auschel with responsibility for global sales and the departure of Brian Grevy, who was responsible for global brands.

Fanatics Expands Partnership With German Football Association

Fanatics and the German Football Association (DFB) announced a long-term extension to their existing retail partnership. Fanatics now has the rights to manufacture, distribute and, where desirable, license to third parties an expanded range of DFB-branded fan merchandise.

Nike Shifts Leadership In Women’s Business And APLA Region

Nike reported it is transitioning Amy Montagne, currently VP/GM, APLA, to lead its women’s business as VP/GM Women’s, replacing Whitney Malkiel, who is leaving the company.  Cathy Sparks, currently VPof Nike Direct, EMEA, will transition to lead its APLA geography as VP/GM, APLA.

Nike Hires New DEI Chief

Nike hired James Loduca, formerly Twitter’s VP of DEI as its new DEI officer. As the Portland Business Journal reported, Loduca is the fifth person in the role since 2019. He replaces Jarvis Sam, who left after only six months in the job last November.