email

Enter Your Information Below To Receive Latest News And Articles

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Top

Top Investors Forum

  /  News   /  Under Armour CEO Patrik Frisk to step down, interim chief to take over June 1

Under Armour CEO Patrik Frisk to step down, interim chief to take over June 1

In this article

UAA

Patrik Frisk, recently appointed Chief Executive Officer Of Under Armour, speaks at the 2020 Under Armour Human Performance Summit on January 14, 2020 in Baltimore, Maryland.
Olivier Douliery | AFP | Getty Images

Under Armour said its president and chief executive officer, Patrik Frisk, will be stepping down, effective June 1, as the sportswear retailer searches for a replacement.

In the interim, current Chief Operating Officer Colin Browne will serve as president and CEO, the company said Wednesday in a press release. Frisk is also expected to remain with Under Armour as an advisor through Sept. 1.

The stock fell nearly 3% after hours. Under Armour shares are down about 50% year to date.

Read the full press release from Under Armour here.

This is breaking news. Please check back for updates.

Post a Comment