Under Armour Names Patrik Frisk President & COO - Quick Facts

(RTTNews) - Under Armour, Inc. (UA, UAA) announced Patrik Frisk will become the company's President and Chief Operating Officer, effective July 10. Frisk will have responsibility for the company's go-to-market strategy and the execution of its long-term growth plan. Most recently, Frisk was CEO of The ALDO Group, a global footwear and accessories company. In conjunction with Frisk's appointment, the company also announced strategic executive changes.

Paul Fipps has been named Chief Technology Officer. Additionally, he will lead Under Armour's Connected Fitness business with Chief Digital Officer and head of Connected Fitness Michael Lee. The realignment integrates the company's digital ecosystem including its single view of the consumer data and additional SAP capabilities to fuel product creation and personalization, increase speed to market and accelerate consumer value. Most recently, he served as the company's Chief Information Officer and Executive Vice President of Global Operations after joining Under Armour in 2014 as Senior Vice President of Global Operations.

Colin Browne has been named Chief Supply Chain Officer with responsibility for all global operations related to product sourcing and logistics. Browne joined Under Armour in 2016 as President of Global Sourcing.