<p>German sportswear maker today announced a top level management change by appointing Claus Heckerott as Managing Director for Adidas Group India in place of Subhinder Singh Prem who has quit with immediate effect.<br /><br /></p>.<p>Prem, who has been the Group's India Managing Director and Vishnu Bhagat, CEO, have both left with immediate effect, Adidas said in a statement.<br /><br />Adidas India further said Frederic Serrant has been appointed as Sales Director with effect from April 1, 2012.<br /><br />Singh, who was earlier Managing Director Reebok India and associated with the brand for over 15 years, was announced the MD of Adidas Group India last year.<br /><br />The company did not specify reasons behind the change.<br />When contacted Prem declined to comment on reasons for the exit and his future plans.<br />Heckerott, a Canadian national, has 14 years of senior management experience within the Adidas Group, the statement said, adding till recently he held the position of Vice President Finance Global Sales.<br /><br />Heckerott will report into Roland Auschel, Adidas Group's Chief Sales Officer Multichannel Markets.<br /><br />Serrant, a French national, joined the Indian team in January. He was <br />Sales Director since 2007 in the company's French operations. He will report into Claus Heckerott, the statement added.<br /><br />A leading player in India's sportswear market the group has strong brands like adidas, Reebok and TaylorMade – adidas Golf.</p>
<p>German sportswear maker today announced a top level management change by appointing Claus Heckerott as Managing Director for Adidas Group India in place of Subhinder Singh Prem who has quit with immediate effect.<br /><br /></p>.<p>Prem, who has been the Group's India Managing Director and Vishnu Bhagat, CEO, have both left with immediate effect, Adidas said in a statement.<br /><br />Adidas India further said Frederic Serrant has been appointed as Sales Director with effect from April 1, 2012.<br /><br />Singh, who was earlier Managing Director Reebok India and associated with the brand for over 15 years, was announced the MD of Adidas Group India last year.<br /><br />The company did not specify reasons behind the change.<br />When contacted Prem declined to comment on reasons for the exit and his future plans.<br />Heckerott, a Canadian national, has 14 years of senior management experience within the Adidas Group, the statement said, adding till recently he held the position of Vice President Finance Global Sales.<br /><br />Heckerott will report into Roland Auschel, Adidas Group's Chief Sales Officer Multichannel Markets.<br /><br />Serrant, a French national, joined the Indian team in January. He was <br />Sales Director since 2007 in the company's French operations. He will report into Claus Heckerott, the statement added.<br /><br />A leading player in India's sportswear market the group has strong brands like adidas, Reebok and TaylorMade – adidas Golf.</p>