Stephanie Linnartz is Out at Under Armour
Under Dog chairman Kevin Plank is taking back the reins at the company he founded, replacing Linnartz as president & CEO effective Apr. 1, just 13 months after she started. As part of the transition, UA lead director, bond guru Mohamed A. El-Erian, who is chief economic advisor at Allianz and former CEO of PIMCO, will become non-executive chairman of the company’s board. Linnartz will remain through the end of Apr., serving in an advisory capacity. UA shares edged up 6% in after hours trading following the announcement, but then tumbled ... Log in to view full article.