Sterne Agee Reit. 'Buy' on Under Armour (UA) Ahead Q4, Says VP Resignation Not a Major Setback

Go back to Sterne Agee Reit. 'Buy' on Under Armour (UA) Ahead Q4, Says VP Resignation Not a Major Setback

Under Armour (UA) Declines on VP Departure; Buying Op or Opt Out?

January 25, 2013 9:12 AM EST

Yesterday Under Armour, Inc. (NYSE: UA) announced that Gene McCarthy is resigning as Senior Vice President, Footwear, effective February 22, 2013. The company's COO will assume responsibility of Footwear and continue to oversee the company's Operations division. While McCarthy's departure is not seen as material, it does raise questions.
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Under Armour (UA) Reports Resignation of SVP McCarthy

January 24, 2013 10:13 AM EST

Under Armour, Inc. (NYSE: UA) today announced that Gene McCarthy is resigning as Senior Vice President, Footwear, effective February 22, 2013. Kip Fulks, Chief Operating Officer, will assume responsibility of Footwear and continue to oversee the company's Operations division.... More