USA: Reebok International Names Margolis New President
Sportswear and athletic footwear giant Reebok International Ltd announced on Wednesday it had appointed Jay Margolis to the newly created president and chief operating officer position. The firm said Margolis, who joined the company in January, was president of its specialty business group and would now assume additional responsibility for its flagship Reebok brand. Reebok's sales last year totalled nearly $3 billion.