Under Armour appoints three new board members

By Tamara Parker • Tuesday, April 15 10:04 • Permanent Link

Under Armour, Inc. (NYSE: UA, UAA) has made significant changes to its Board of Directors, appointing three new members effective April 15, 2025. Dawn N. Fitzpatrick, Eugene D. Smith, and Robert J. Sweeney are the latest additions to the company's Board, bringing with them a wealth of expertise in finance, operational management, and intercollegiate sports.

Dawn N. Fitzpatrick, the Chief Executive Officer and Chief Investment Officer of Soros Fund Management, LLC, joins the Board with extensive experience in investment management, having spent 25 years at UBS and its predecessor organizations. She also serves as a non-executive director of Barclays plc and is involved in various advisory councils and committees.

Eugene D. Smith, who served as the Senior Vice President and Athletic Director at Ohio State University, brings deep knowledge of intercollegiate sports management to the Board. He also has a rich history of involvement in NCAA committees and associations, having held significant positions at various universities and within the NCAA.

Robert J. Sweeney, the President of Sycamore Partners, a private equity firm, has also joined the Board. Sweeney spent 22 years at Goldman Sachs, where he was a partner and Global Head of the Consumer/Retail Investment Banking Group. His experience includes providing advisory support to Under Armour on various matters, including the company’s initial public offering in 2005.

These appointments are expected to bring unique talents, insights, and passion for the Under Armour brand, which will be invaluable for navigating the company's next chapter.

It's noteworthy that Under Armour’s Board now includes twelve members: Douglas E. Coltharp, Jerri L. DeVard, Mohamed A. El-Erian, Carolyn N. Everson, Dawn N. Fitzpatrick, David W. Gibbs, Karen W. Katz, Eric T. Olson, Kevin A. Plank, Eugene D. Smith, Robert J. Sweeney, and Patrick W. Whitesell.

These changes in the Board of Directors reflect the company’s strategic efforts to create greater value for Under Armour’s athletes, customers, shareholders, and teammates as it continues to pursue its goals. Today the company's shares have moved 7.3% to a price of $5.83. If you want to know more, read the company's complete 8-K report here.

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