Adidas stock surges on report Puma chief will be new CEO

Nov. 04, 2022 10:43 AM ETadidas AG (ADDDF), ADDYY, PMMAF, PUMSYBy: Kevin P. Curran, SA News Editor6 Comments

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Bjorn Gulden will reportedly depart the company founded by Rudolf Dassler, Puma SE (OTCPK:PUMSY), to head the cross-town rival founded by his brother Adolf Dassler, Adidas (OTCQX:ADDYY).

According to German outlet Manager Magazin, Gulden has

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