Kevin Plank to become Chief Executive Officer; Mohamed A. El-Erian, Under Armour’s Lead Director, named Chair of the Board.
The shares have a current value of approximately $100 million.
Stephanie Linnartz will join the company as President, CEO and member of its Board of Directors, effective Feb. 27, 2023.
Patrik Frisk to step down; Colin Browne appointed interim president and Chief Executive Officer, effective June 1.
Revenue is now expected to be up about 2 percent versus the previously expected range of 3 to 4 percent.
Founder Kevin Plank to become executive chairman and brand chief.
The 19-year veteran joins from Black Diamond Equipment.
The 22-year veteran joins from Harley-Davidson, Inc.
Alessandro de Pestel and Ann Funai are stepping into new roles.
Jason LaRose has been named President, North America.
You can unsubscribe at any time