Under Armour CEO Stephanie Linnartz Steps Down, Founder Kevin Plank Returns as CEO

Under Armour announces CEO Stephanie Linnartz stepping down after just over a year, with founder Kevin Plank returning as chief executive. Mohamed El-Erian to take over as nonexecutive board chair. Linnartz’s expertise in digital sales and loyalty programs was a key factor in her appointment. Both Plank and Linnartz express optimism for the company’s future, reflecting a strategic shift and commitment to growth and success.