- Under Armour (UA) -1.4% AH on news it is losing its chief merchandising and chief digital officers, with no reason offered for the corporate shake-up.
- UA names Kip Fulks as interim chief merchandising officer, as Henry Stafford steps down in July after six years at the athletic apparel maker.
- UA also says Michael Lee, co-founder of MyFitnessPal, will serve as its chief digital officer starting in July, replacing Robin Thurston.
- Now read Under Armour: Time to board the crazy train? 5 reasons to pull the trigger on this high P/E stock