Adidas elevates India head Dave Thomas to Managing Director, Emerging Markets
Thomas will replace Martin Shankland, who has been promoted to the Adidas Executive Board
German footwear and accessories major Adidas has elevated its India Head Dave Thomas as the Managing Director for emerging markets, according to media reports. Thomas will replace Martin Shankland, who has been promoted to the Adidas Executive Board.
Thomas will reportedly take charge of the new role from April 1. It is being said that the company is now looking for his successor in India.
On the reshuffle, media reports quoted Adidas Head of Media Relations Claudia Lange as saying that in his new role, Thomas would handle emerging market portfolio, which comprises regions such as Middle East, Turkey, India and Africa. He will report to Roland Auschel, Executive Board Member, global sales at Adidas, she repottedly said.
Lange further said that Thomas would continue to oversee the Indian operations till his successor is announced.
Thomas has been working as the Managing Director of Adidas India from October 2014. He has been with the Adidas Group since February 1998.