Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair
Publishing timestamp: 2024-03-13 17:33:29
Summary
Under Armour CEO Stephanie Linnartz is stepping down and founder Kevin Plank will return as CEO. Mohamed El-Erian will become nonexecutive board chair. Linnartz, who spent nearly 30 years at Marriott International, took over as CEO in February 2023. Plank will take over on April 1 and Linnartz will stay on as advisor through end of April.
Sentiment: MIXED
Tickers: UAA,
Keywords: retail industry, under armour inc, breaking news: business, business news,