Baltimore, MD (February 28, 2008) Under Armour, Inc. (NYSE: UA) today announced Wayne Marino, Executive Vice President and Chief Financial Officer, has been named to the newly-created position of Chief Operating Officer. In this new role, he will be responsible for leading Under Armour's operational, financial, administrative and strategic planning functions. He will focus on driving integration between these functions and the Company's product, sales and marketing teams to deliver long-term, profitable growth.
Kevin Plank, Chairman and CEO of Under Armour, Inc., said, "Wayne has been instrumental in helping build our infrastructure for long-term, profitable growth at the same time that we have delivered exceptional top line and bottom line performance. As we expand into new product categories and international markets, Wayne's new responsibilities will ensure that our operational excellence continues to develop as we continue to grow."
Wayne Marino has been Executive Vice President and Chief Financial Officer since March 2006. He joined Under Armour as Vice President and Chief Financial Officer in January 2004. Prior to Under Armour, he served as Chief Financial Officer of Nautica Enterprises, Inc. from 2000 to 2003. From 1998 to 2000, he served as Chief Financial Officer for Hartstrings Inc. Prior thereto, he served in a variety of capacities, including Divisional Chief Financial Officer, for Polo Ralph Lauren Corporation.
Brad Dickerson is succeeding Mr. Marino as the Company's Chief Financial Officer and will oversee the Company's financial organization and lead the financial operations, reporting, budgeting and forecasting teams. He will also work closely with Mr. Marino on strategic investments in infrastructure designed to build the platform for long-term growth.
Brad Dickerson has been Vice President of Accounting and Finance at the Company since February 2006. He joined Under Armour in July 2004 as Corporate Controller. Prior to joining Under Armour, Mr. Dickerson served as Chief Financial Officer of Macquarie Aviation North America from January 2003 to July 2004. From 1994 to 2003, Mr. Dickerson was with Network Building & Consulting, serving as Chief Financial Officer from 1998 to 2003.
Mr. Plank added, "Expanding responsibilities for both Wayne and Brad is a great illustration of the depth we are building within our senior management team. When combined with the extensive industry experience we have added in the last year by hiring Peter Mahrer to head our European business and Suzanne Karkus to oversee our Apparel business, I am confident we are developing the organizational framework that will deliver against our abundant growth opportunities."
About Under Armour, Inc. Under Armour® (NYSE: UA) is a leading developer, marketer, and distributor of branded performance apparel, footwear, and accessories. The brand's moisture-wicking synthetic fabrications are engineered in many different designs and styles for wear in nearly every climate to provide a performance alternative to traditional natural fiber products. The Company's products are sold worldwide and worn by athletes at all levels, from youth to professional, on playing fields around the globe. The Under Armour global headquarters is in Baltimore, Maryland, with European headquarters in Amsterdam's Olympic Stadium, and additional offices in Denver, Hong Kong, Toronto, and Guangzhou, China. For further information, please visit the Company's website at www.underarmour.com.
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