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Harm Ohlmeyer to become chief financial officer of Adidas

Sportswear brand Adidas has appointed Harm Ohlmeyer to succeed its longstanding chief financial officer Robin Stalker.

SPORTS & LEISURE

Harm Ohlmeyer to become chief financial officer of Adidas

Prior to the appointment, Stalker had informed the company’s board that he would not be extending his contract beyond March 2018 after 16 years with the business. To ensure a smooth transition, Stalker will relinquish his executive board mandate on 11 May.

Ohlmeyer has been appointed to the executive board as ordinary member with immediate effect and will become chief financial officer of Adidas on 12 May.

Having started his career with the brand in 1998 working in the areas of finance and sales, Ohlmeyer has led the company’s online business since 2011. Most recently he was as senior vice president for digital brand commerce. From 2014 to 2016, he was also senior vice president for sales strategy and excellence.

Igor Landau, chairman of the supervisory board of Adidas AG, said: "Over the last couple of years, Harm Ohlmeyer has played a key role in the company’s digital transformation efforts and, together with his team, increased ecommerce sales from €50 million to €1 billion. In addition, he built an integrated omnichannel sales strategy across all distribution channels, thus helping to pave the way for the successful execution of the company’s strategy ‘Creating the New’.”

Landau also thanked Stalker for his achievements while working with the company: He added: ”The Adidas’ success story is closely linked with Robin Stalker’s valuable contributions. During Robin Stalker’s tenure as executive board member and CFO from 2001 until 2017, Adidas’ sales have more than tripled, earnings have increased more than fivefold and the value of our company has risen from €3 billion to more than €30 billion."

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