Adidas’ subsidiary, shoe brand The Rockport Company appointed 38-year old Tobias Reiss-Schmidt as their new President and CEO, effective July 1. Reiss-Schmidt comes from Rockport’s own ranks and currently serves as their SVP of Global Retail and Americas. Previously, he has held various positions in Business Development, Global Retail and Regional Sales Management and with Boston Consulting Group and Beiersdorf.
Michael Rupp (51), currently at the helm of Rockport, has resigned from the company, effective June 30.
“While we regret Michael’s departure very much and wish him well for his future, we have every confidence in the new generation of leadership under Tobias Reiss-Schmidt and look forward to Rockport’s enduring growth,” commented Herbert Hainer, CEO of the Adidas Group.