Long-standing Director Harvey Sanders to Retire March 31st
BALTIMORE, Jan. 31,
2023 /PRNewswire/ -- Under Armour, Inc. (NYSE:
UA, UAA) today announced the appointment of Carolyn Everson and Patrick Whitesell as members of its Board of
Directors effective Feb. 1,
2023. In addition, longtime member Harvey Sanders will retire from Under Armour's
Board on March 31, 2023. As
previously announced, Stephanie
Linnartz will join the company as President, Chief Executive
Officer, and a member of its Board of Directors, effective
February 27, 2023.
"We are thrilled to welcome Carolyn and Patrick to our Board of
Directors," said Kevin Plank, Under
Armour Executive Chair and Brand Chief. "These two powerhouse
executives, whose experience ranges across complex brand strategy,
media, technology, advertising and sports and entertainment
management, will be a tremendous collective resource as we continue
to focus on our global brand and digital growth. Along with
Stephanie, these appointments will bring significant strength to
our Board. I look forward to partnering with Carolyn and Patrick to
make UA better for our athletes while building long-term value for
Under Armour shareholders".
Harvey Sanders has served on
Under Armour's Board of Directors since November 2004 and is currently chair of the
company's Human Capital and Compensation Committee. He joined the
Under Armour Board following a distinguished career, including as
CEO & Chairman of the Board of Nautica Enterprises from 1993 to
2003.
"I want to thank Harvey for more than 18 years of Board service
to the brand, dating back to our early beginning, before Under
Armor became a public company," said Plank. "I am sincerely
grateful for his leadership, mentorship, and care toward the UA
Team and our great brand."
About Carolyn
Everson
Ms. Everson has served since January
2023 as a Senior Advisor for Permira, a private equity firm
focused on technology and consumer brands. Before joining Permira,
she served as President of Instacart; before that, she was Vice
President of the Global Business Group, at Meta Platforms, Inc.,
from March 2011
to June 2021. Before joining Meta, Carolyn held
Advertising leadership positions at Microsoft & Viacom. In
addition, she is a board member of The Walt Disney Company and The
Coca-Cola Company. She also serves on the boards of Villanova University, the Humane Society of
the United States, and Columbia
Medical School. In addition, she is a member of the Council of
Foreign Relations. Everson earned a bachelor's degree in liberal
arts and communications from Villanova
University and a master's degree in business administration
from Harvard Business School.
About Patrick
Whitesell
Mr. Whitesell has served since October 2017 as Executive Chairman of
Endeavor Group Holdings, a global sports and entertainment
company composed of industry-leading entities including
entertainment agency WME; sports, fashion, events and media company
IMG; and premier mixed martial arts organization UFC. He also
serves on Endeavor's Board of Directors. Previously, Mr. Whitesell
served as Endeavor's Co-Chief Executive Officer, following his role
as Co-Chief Executive Officer of WME. Mr. Whitesell also serves on
the Board of Directors of Learfield and is a graduate of
Luther College.
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.