MUMBAI: Global sports apparel giant adidas has announced a promotion for its head of Indian operations, Dave Thomas as the brand’s managing director for emerging markets such as India, Africa, Turkey and the Middle East.
As part of the company’s re-organisation at the top level, Thomas’ tenure would be effective from 1 April as the company searches for his successor in India.
Thomas will replace Martin Shankland, who has been elevated to adidas’ executive board, overseeing its global operations.
Thomas was named the adidas India MD in October 2014, 16 years after joining the brand.
adidas, which also owns Reebok, had posted revenues of Rs 15.3 billion in India during the last fiscal ended 31 March 2018.
