Patrik Frisk to step down; Colin Browne appointed interim president and Chief Executive Officer, effective June 1.
Repurchases under this program may be made over the next two years through various methods.
Effective Nov. 1, this newly created role will oversee all aspects of Under Armour’s consumer strategy.
Majority of the retail and distribution house teammates will see a pay rise starting on June 6.
By Friday, Under Armour will have welcomed customers back to nearly 50 percent of its North America stores.
30-year veteran joins after leading at NYDJ, Levi’s and Dockers.
The company will also donate up to $1 million in combination of monetary donation and product to Good Sports.
Both positions will report directly to President and Chief Executive Officer Patrik Frisk.
Founder Kevin Plank to become executive chairman and brand chief.
25-year veteran Stephanie Pugliese joins from Duluth Trading Company.
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