Under Armour Appoints New CFO Chip Molloy

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Under Armour (UA) New CFO to Start January 19th; FBR Capital Reiterates Outperform

December 23, 2015 8:29 AM EST

FBR Capital reiterated an Outperform rating on Under Armour, Inc. (NYSE: UA) following the company's announcement that Chip Molloy, the former CFO of PetSmart, Inc., will join UA as its new CFO on January 19, 2016. Current CFO Brad Dickerson will remain with the company in an advisory capacity through February. David Bergman, vice president of finance and corporate controller, will also... More

Piper Jaffray Stays on the Sidelines on UA (UA) Following CFO Announcement

December 23, 2015 7:25 AM EST

Yesterday, Under Armour, Inc. (NYSE: UA) announced that former PetSmart CFO Chip Molloy will become Under Armour's CFO effective January 19, 2016. This will provide roughly a one month of overlap with out-going CFO Brad Dickerson. Management believes he is a good cultural fit and has... More