FRANKFURT, Germany: Adidas will get a new chief executive officer (CEO) "during the course of 2023" as it seeks to emerge from the turbulence of Covid-19 lockdowns and other challenges, the German sportswear giant said on Monday.

Current CEO Kasper Rorsted will remain in the role "until a successor has been appointed" to help "ensure a smooth transition at the helm of the company," Adidas said in a statement.

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