Footwear firm The Rockport Company has named Tobias Reiss-Schmidt as its new president and CEO, replacing Michael Rupp who is to leave at the end of June.

Reiss-Schmidt has been with the the Adidas subsidiary since 2008, and was most recently Rockport's SVP of global retail and Americas. He has held executive positions in business development, global retail and retail sales management.

Rupp, meanwhile, is leaving the Adidas Group after nearly 25 years, holding various leadership positions around the world, including managing director of the group's Middle East division, and COO of the Reebok brand.

"While we regret Michael's departure very much and wish him well for his future," said Adidas Group CEO Herbert Hainer. "We have every confidence in the new generation of leadership under Tobias Reiss-Schmidt and look forward to Rockport's enduring growth."