January 31, 2023

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Under Armour names Linnartz as CEO By Reuters

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© Reuters. FILE PHOTO-The ticker symbol and company logo for Under Armour, Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan McDermid

(Reuters) – Under Armour Inc (NYSE:) on Wednesday named Stephanie Linnartz as its chief executive officer, effective Feb. 27, to succeed Patrik Frisk who stepped down from his role in June.

Shares of the Baltimore-based company were up 1.4% in extended trade.

Linnartz currently serves as the president of Marriott International (NASDAQ:) Inc and has been with the company for 25 years.

Under Armour (NYSE:)’s interim CEO Colin Browne will resume his responsibilities as chief operating officer.