Kasper Rørsted (born 24 February 1962) is a Danish business executive who was the CEO of German sportwear firm Adidas from 2016 until November 2022.[1][2]
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.[7] He moved to the managing director position at HP EMEA from 2002 to 2004.[7] 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.[8][9][10]
In January 2016, it was announced that Kasper would leave the company to become CEO of Adidas, replacing Herbert Hainer.[11][12] In 2020, the Adidas supervisory board extended his contract until 2026.[13] In 2022, however, Rørsted and the company's supervisory board had mutually agreed that he would hand over his position during the course of 2023. Adidas paid 16 million USD as compensation for his early departure. [14][15]
