Introduction
Todd Krinsky is the CEO of Reebok, one of the leading athletic footwear and apparel brands in the world. He was appointed to the position in September 2022, after working at the company for 30 years in various roles. He is responsible for implementing Reebok’s growth strategy, which leverages its authentic sports heritage, unique collaborations and disruptive brand activations.
But how much is Todd Krinsky net worth? And how did he rise from a part-time employee to the top of the company? In this article, we will explore his career journey, his achievements, and his estimated net worth as of 2023.
Early Career at Reebok
Todd Krinsky joined Reebok as a part-time employee in 1992, when he was still a student at Ithaca College, where he majored in film and television. His first job was folding T-shirts at a Reebok outlet store. He then moved to the mailroom, where he caught the attention of the senior management with his enthusiasm and work ethic.
He was offered an internship at the product development department, where he learned the ins and outs of the footwear industry. He impressed his mentors with his creativity and vision, and was soon promoted to a full-time position. He worked on various projects, such as developing the first Reebok basketball shoe, the Pump, and launching the Reebok Classics line, which featured iconic models such as the Classic Leather and the Club C.
Leadership Roles at Reebok
Todd Krinsky rose through the ranks at Reebok, holding several leadership roles in product development, merchandising, marketing, and business unit management. He was instrumental in building and growing the Reebok Classics business, which became one of the brand’s strengths and differentiators. He also led the sports and entertainment marketing division, where he forged partnerships with celebrities and athletes, such as Jay-Z, Pharrell Williams, Allen Iverson, and Shaquille O’Neal.
He also oversaw the innovation and design of Reebok’s products, as the senior vice president of the Reebok Design Group (RDG), which is the global hub for product design, development and innovation. He was responsible for creating products that reflected Reebok’s heritage, culture, and values, as well as meeting the needs and preferences of the consumers.
CEO of Reebok
In September 2022, Todd Krinsky was named the CEO of Reebok, succeeding Matt O’Toole, who had led the brand for 12 years. He was chosen by the Sparc Group, the lifestyle brand operating company that acquired Reebok from Adidas in August 2022. He reports to Marc Miller, the CEO of Sparc Group, and works closely with Jamie Salter, the founder and CEO of Authentic Brands Group (ABG), the parent company of Sparc Group.
As the CEO of Reebok, Todd Krinsky is tasked with driving the growth and expansion of the brand, both globally and locally. He is focused on enhancing Reebok’s product portfolio, distribution channels, marketing campaigns, and customer experience. He is also committed to preserving Reebok’s core values of innovation, authenticity, and social responsibility.
Todd Krinsky Net Worth
According to various sources, Todd Krinsky’s net worth is estimated to be between $10 million and $15 million as of 2023. His annual compensation as the CEO of Reebok is reportedly between $1 million and $3 million. His net worth is derived from his salary, bonuses, stock options, and other assets.
Todd Krinsky’s net worth reflects his long and successful career at Reebok, where he has contributed to the brand’s growth and reputation. He is widely regarded as a product visionary and a leader in the athletic industry. He is also a collector of Reebok sneakers, owning hundreds of pairs of different models and styles.
Conclusion
Todd Krinsky is the CEO of Reebok, a role that he assumed in September 2022, after working at the company for 30 years. He started as a part-time employee, and rose to various leadership positions, such as leading the Reebok Classics business, the sports and entertainment marketing division, and the Reebok Design Group. He is responsible for implementing Reebok’s growth strategy, which leverages its authentic sports heritage, unique collaborations and disruptive brand activations.
Todd Krinsky’s net worth is estimated to be between $10 million and $15 million as of 2023. His net worth is derived from his salary, bonuses, stock options, and other assets. He is widely regarded as a product visionary and a leader in the athletic industry. He is also a collector of Reebok sneakers, owning hundreds of pairs of different models and styles.