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Written by Simon Glover

Published: 16 January 2023

Adidas appoints ex-garment worker as joint CEO

HERZOGENAURACH - Sportswear giant Adidas has appointed a Cambodian former garment worker and trade union leader as its co-CEO and signed the 'Pay Your Workers' agreement as part of what it claims is the most ambitious social and environmental plan ever from a major brand.

New Adidas CEO Bjørn Gulden is behind the 'Own the Reality' plan which has been approved by the company's supervisory board and includes the appointment of Vay Ya Nak Phoan who starts work with immediate effect.

Adidas has today signed up to Pay Your Workers, a commitment to fair labour practices, wages and compensation in the supply chain, and paid out €11.2 million (US$12.1m) in wages to Cambodian workers whose wages were withheld by suppliers during the pandemic.

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