Under Armour Management

Management criteria checks 2/4

Under Armour's CEO is Kevin Plank, appointed in Jan 1996, has a tenure of 28.83 years. total yearly compensation is $4.65M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 11.88% of the company’s shares, worth MX$9.68B. The average tenure of the management team and the board of directors is 6 years and 7.5 years respectively.

Key information

Kevin Plank

Chief executive officer

US$4.6m

Total compensation

CEO salary percentage	10.8%
CEO tenure	28.8yrs
CEO ownership	11.9%
Management average tenure	6yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Plank's remuneration changed compared to Under Armour's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$18m
Jun 30 2024	n/a	n/a	-US$83m
Mar 31 2024	US$5m	US$500k	US$232m
Dec 31 2023	n/a	n/a	US$387m
Sep 30 2023	n/a	n/a	US$395m
Jun 30 2023	n/a	n/a	US$377m
Mar 31 2023	US$3m	US$502k	US$374m
Dec 31 2022	n/a	n/a	US$157m
Sep 30 2022	n/a	n/a	US$145m
Jun 30 2022	n/a	n/a	US$171m
Mar 31 2022	US$2m	US$123k	US$219m
Dec 31 2021	US$6m	US$372k	US$351m
Sep 30 2021	n/a	n/a	US$435m
Jun 30 2021	n/a	n/a	US$360m
Mar 31 2021	n/a	n/a	US$118m
Dec 31 2020	US$3m	US$26k	-US$549m
Sep 30 2020	n/a	n/a	-US$749m
Jun 30 2020	n/a	n/a	-US$686m
Mar 31 2020	n/a	n/a	-US$520m
Dec 31 2019	US$6m	US$26k	US$92m
Sep 30 2019	n/a	n/a	US$112m
Jun 30 2019	n/a	n/a	US$85m
Mar 31 2019	n/a	n/a	US$6m
Dec 31 2018	US$7m	US$26k	-US$46m
Sep 30 2018	n/a	n/a	-US$138m
Jun 30 2018	n/a	n/a	-US$159m
Mar 31 2018	n/a	n/a	-US$76m
Dec 31 2017	US$4m	US$26k	-US$48m

Compensation vs Market: Kevin's total compensation ($USD4.65M) is above average for companies of similar size in the MX market ($USD1.24M).

Compensation vs Earnings: Kevin's compensation has increased whilst the company is unprofitable.

CEO

Kevin Plank (51 yo)

28.8yrs

Tenure

US$4,645,767

Compensation

Mr. Kevin A. Plank is Founder of Under Armour, Inc. He serves as President, Chief Executive Officer and Director of Under Armour, Inc. since April 2024 and had been Executive Chairman and Brand Chief since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Plank	Founder	28.8yrs	US$4.65m	11.88% MX$ 9.7b
David Bergman	Chief Financial Officer	7.8yrs	US$2.34m	0.072% MX$ 58.3m
Eric Aumen	Chief Accounting Officer & Principal Accounting Officer	less than a year	no data	0.015% MX$ 12.3m
Danny Miles	Executive VP & Chief Technology Officer	1.4yrs	no data	no data
Lance Allega	Senior Vice President of Investor Relations & Corporate Development	7.8yrs	no data	no data
Mehri Shadman Valavi	Chief Legal Officer & Corporate Secretary	2.1yrs	no data	0.040% MX$ 32.9m
Amanda Miller	Chief Communications Officer	no data	no data	no data
Kevin Haley	Chief Strategy Officer	no data	no data	no data
Frederick Bealefeld	Chief Global Security Officer & VP	10.3yrs	no data	no data
Jason Archer	Managing Director of Asia Pacific	6.3yrs	no data	no data
Tushar Goculdas	Managing Director of India Operations	5.7yrs	no data	no data
Kasey Jarvis	Chief Design Officer	5.6yrs	no data	no data

6.0yrs

Average Tenure

51yo

Average Age

Experienced Management: UAA *'s management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Plank	Founder	28.8yrs	US$4.65m	11.88% MX$ 9.7b
Douglas Coltharp	Independent Director	19.9yrs	US$292.50k	0.046% MX$ 37.4m
Karen Katz	Independent Director	10.1yrs	US$260.00k	0.00093% MX$ 757.8k
Jerri DeVard	Independent Director	7.5yrs	US$260.00k	0.00028% MX$ 228.2k
Mohamed El-Erian	Lead Independent Director & Non-Executive Chair	6.1yrs	US$310.00k	0.0035% MX$ 2.9m
Carolyn Everson	Independent Director	1.8yrs	US$258.32k	no data
Patrick Whitesell	Independent Director	1.8yrs	US$250.00k	no data
Eric Olson	Independent Director	12.3yrs	US$262.50k	no data
David Gibbs	Independent Director	3.2yrs	US$266.68k	0.012% MX$ 9.4m

7.5yrs

Average Tenure

62yo

Average Age

Experienced Board: UAA *'s board of directors are considered experienced (7.5 years average tenure).

Under Armour Management

Management criteria checks 2/4

Key information

Recent management updates

Under Armour, Inc. Announces Eric Liedtke as Executive Vice President of Brand Strategy

Under Armour, Inc., Annual General Meeting, Sep 04, 2024

Tchernavia Rocker to Leave as Chief People and Administrative Officer of Under Armour, Inc, Effective June 1, 2024

Under Armour, Inc. Announces Chief Executive Officer Changes

Under Armour, Inc. Announces Executive Changes

Under Armour, Inc. Appoints Shawn Curran as Chief Supply Chain Officer

Recent updates

Second quarter 2025 earnings released: EPS: US$0.39 (vs US$0.24 in 2Q 2024)

Under Armour, Inc. Updates Earnings Guidance for the Fiscal Year 2025

Under Armour, Inc. to Report Q2, 2025 Results on Nov 07, 2024

Outside Interactive, Inc. acquired MapMyFitness, Inc. from Under Armour, Inc. (NYSE:UAA).

First quarter 2025 earnings released: US$0.70 loss per share (vs US$0.019 profit in 1Q 2024)

New major risk - Share price stability

Under Armour, Inc. Updates Earnings Guidance for the Fiscal Year Ending March 31, 2025

Under Armour, Inc. (NYSE:UAA) agreed to acquire UNLESS Collective, LLC.

Under Armour, Inc. Announces Eric Liedtke as Executive Vice President of Brand Strategy

Under Armour, Inc. to Report Q1, 2025 Results on Aug 08, 2024

Under Armour, Inc., Annual General Meeting, Sep 04, 2024

Now 22% overvalued

New major risk - Share price stability

Under Armour, Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2025

New minor risk - Profit margin trend

Full year 2024 earnings released: EPS: US$0.53 (vs US$0.86 in FY 2023)

Under Armour, Inc. (NYSE:UAA) announces an Equity Buyback for $500 million worth of its shares.

New major risk - Revenue and earnings growth

Under Armour, Inc. to Report Q4, 2024 Results on May 16, 2024

Tchernavia Rocker to Leave as Chief People and Administrative Officer of Under Armour, Inc, Effective June 1, 2024

Now 21% overvalued

Under Armour, Inc. Announces Chief Executive Officer Changes

Second quarter 2024 earnings released: EPS: US$0.25 (vs US$0.19 in 2Q 2023)

New major risk - Revenue and earnings growth

Under Armour, Inc. Updates Earnings Guidance for the Fiscal Year 2024

Under Armour, Inc. to Report Q3, 2024 Results on Feb 08, 2024

Under Armour, Inc. Announces Executive Changes

Second quarter 2024 earnings released: EPS: US$0.25 (vs US$0.19 in 2Q 2023)

Under Armour, Inc. Updates Earnings Outlook for the Year Fiscal 2024

Under Armour, Inc. Appoints Shawn Curran as Chief Supply Chain Officer

Under Armour, Inc. to Report Q2, 2024 Results on Nov 08, 2023

Under Armour, Inc. Maintains Earnings Guidance for the Fiscal Year 2024

First quarter 2024 earnings released: EPS: US$0.019 (vs US$0.017 in 1Q 2023)

Under Armour, Inc. to Report Q1, 2024 Results on Aug 08, 2023

Under Armour, Inc. Announces Executive Changes, Effective August 25,2023

Under Armour, Inc. Announces Changes to Executive Leadership Team

Under Armour, Inc., Annual General Meeting, Aug 29, 2023

Under Armour, Inc. announced that it has received $100 million in funding from BDT Capital Partners, LLC

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: US$0.86 (vs US$0.51 loss in FY 2022)

Third quarter 2023 earnings released: EPS: US$0.27 (vs US$0.23 in 3Q 2022)

Under Armour, Inc. Provides Earnings Guidance for the Fiscal 2023

Under Armour, Inc. Announces Board Changes

Under Armour, Inc. to Report Q3, 2023 Results on Feb 08, 2023

Under Armour, Inc. Announces Executive Changes

Insufficient new directors

Wes Moore Steps Down from Under Under Armour, Inc.'s Board of Directors

Under Armour, Inc. Provides Revenue Guidance for the Fiscal Year of 2023

Under Armour, Inc. to Report Q2, 2023 Results on Nov 03, 2022

Under Armour, Inc. Announces Changes to Executive Leadership Team

Now 23% undervalued after recent price drop

Under Armour, Inc. Provides Earnings Guidance for the Full Year 2023

Under Armour, Inc. to Report Q1, 2023 Results on Aug 03, 2022

Now 23% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Under Armour, Inc. Announces Management Changes, Effective June 1, 2022

First quarter 2022 earnings released: EPS: US$126 (vs US$0.17 in 1Q 2021)

Now 20% undervalued after recent price drop

Under Armour, Inc. to Report Q1, 2022 Results on May 06, 2022

ITOCHU Corporation (TSE:8001) agreed to acquire an unknown majority stake in DOME Corporation from Under Armour, Inc. (NYSE:UAA).

Investor sentiment deteriorated over the past week

Under Armour, Inc. (NYSE:UAA) announces an Equity Buyback for $500 million worth of its shares.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Under Armour, Inc. Provides Earnings Guidance for Quarter Ending March 31, 2022

Under Armour, Inc. to Report Q4, 2021 Results on Feb 11, 2022

Third quarter 2021 earnings released: EPS US$0.24 (vs US$0.086 in 3Q 2020)

Independent Director recently sold Mex$5.1m worth of stock

Under Armour, Inc. Announces Earnings Guidance for the Year 2021