Wayne Edy Is Now CEO of Inov8 — Three Years After Reacquiring the Company [Yahoo! Finance]
ADIDAS AG S/ADR (ADDYY)
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Source: Yahoo! Finance
Edy, who founded the UK-based performance running, training and outdoor brand in 2003, has assumed the CEO role. He is succeeding Mike Snell , who Inov8 confirmed has left the company. Snell was tapped as CEO in 2022. More from Footwear News DSW CEO Upbeat About Nike's Performance at Retail How Toms' New CEO Is Evolving the Brand Via New Hires and a Fresh Product Strategy The move comes three years after reacquiring the brand he founded from Japanese sports clothing and accessories company Descente, which had acquired control of Inoveight Holdings Ltd (Inov8) from private equity firm Livingbridge in 2015. “2024 has been a transformative year. We've redefined the design and fit of our footwear to work naturally with the foot, enhancing strength and movement. Alongside this, we've rebranded. The response has been extremely positive and sets us up for growth in 2025,” Edy said in a statement. Aside from Edy's new role, Inov8 also announced the return of Michael Price, who is
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