Adidas Investors to Vote Against Chair Re-Election, Financial Times Says, Citing Sources

Dow Jones

May 14, 2025

-- Four asset managers intend to vote against the re-election of Adidas's chair Thomas Rabe amid concerns regarding his multiple mandates and the failure to set a succession plan, the Financial Times reports, citing the asset managers.

-- DWS, the asset management arm of Deutsche Bank, said it will oppose his re-election because of a "repeated breach of expectations". The decision will be followed by Deka, Allianz Global Investors and Union Investment, the FT reports.

Full story: https://tinyurl.com/2ffwbj37

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires

May 14, 2025 05:44 ET (09:44 GMT)

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The decision will be followed by Deka, Allianz Global Investors and Union Investment, the FT reports. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/2ffwbj37 \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Michael Susin at michael.susin@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2025 05:44 ET (09:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ADDDF","symbol_name":"adidas AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535010028","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535010028","pubTimestamp":1747215840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"-- Four asset managers intend to vote against the re-election of Adidas's chair Thomas Rabe amid concerns regarding his multiple mandates and the failure to set a succession plan, the Financial Times reports, citing the asset managers.-- DWS, the asset management arm of Deutsche Bank, said it will oppose his re-election because of a \"repeated breach of expectations\". 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The decision will be followed by Deka, Allianz Global Investors and Union Investment, the FT reports. \n\n\n \n\n\n  Full story: https://tinyurl.com/2ffwbj37 \n\n\n \n\n\n  Write to Michael Susin at michael.susin@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2025 05:44 ET (09:44 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}