BALTIMORE, Oct. 5, 2022
/PRNewswire/ -- Under Armour, Inc. (NYSE:
UA, UAA) today announced that effective
October 24, David Baxter and Mehri Shadman will join its executive
leadership team. Baxter is set to assume a regional leadership role
as President of the Americas, succeeding Stephanie
Pugliese, who will be stepping down from her role and leaving
the company. Pugliese will remain until early 2023 to
support Baxter's transition. Shadman has been
appointed Chief Legal Officer and Corporate Secretary as
John Stanton, UA's
current chief legal officer, has decided to retire at the end
of 2022 after 16 years of service.
"We're very excited to recognize the talent that David and Mehri
bring to our business," said Colin
Browne, Under Armour Interim President and CEO. "With deep
market knowledge and outstanding expertise – we look forward to
their proven leadership qualities helping to architect our next
growth chapter."
Browne continued, "As one of our longest serving executives, we
want to congratulate John on his retirement and thank him for his
many contributions to UA, including building our legal function
from a small team following our initial public offering to a
world-class global function. We also thank Stephanie for her
contributions to Under Armour over the last three years,
particularly her leadership of our largest region during a highly
uncertain retail environment."
Before joining Under Armour in 2020 as Senior Vice President,
Americas Wholesale, David Baxter
served as President and CEO of LIDS Sports Group from 2016 to
2019. Prior to that, he was Vice President of adidas's
America's Sport Performance division from 2010 to 2014, where he
directed the North American product and marketing strategies.
Before that, Baxter oversaw adidas and Reebok's sports licensed
businesses with the major U.S. professional sports
leagues. For nine years prior to that role, Baxter held
various leadership roles at Reebok, including time spent in their
on-field and sports-licensed divisions.
Mehri Shadman brings over 15
years of experience providing legal counsel in-house and in private
practice. Currently the Deputy General Counsel, Corporate and Risk,
and Assistant Corporate Secretary, she has spent nine years at
Under Armour providing counsel to its board of directors and
executives on complex and high-profile corporate matters. She
currently oversees the corporate, global ethics and compliance,
data privacy, and enterprise risk management functions. In her new
role, she will oversee the company's global legal function and
serve as corporate secretary. Before Under Armour, Shadman began
her career as an associate at Fried, Frank, Harris, Shriver &
Jacobson LLP, a renowned global law firm, in its capital markets
practice.
About Under Armour, Inc.
Under Armour, Inc., headquartered in Baltimore, Maryland, is a leading inventor,
marketer, and distributor of branded athletic performance apparel,
footwear, and accessories. Designed to empower human performance,
Under Armour's innovative products and experiences are engineered
to make athletes better. For further information, please visit
http://about.underarmour.com.
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SOURCE Under Armour, Inc.