Under Armour’s COO and CFO, Brad Dickerson, will be stepping down in February 2016 in order to pursue an opportunity outside the sports industry.
Dickerson joined Under Armour as controller just before the company’s 2005 initial public offering. He became CFO in 2008, and more recently added the title of COO in early 2015. He will join Blue Apron, the New York-based recipe and ingredient delivery service, early next year.
Dickerson will continue to serve in his current roles while Under Armour conducts an external search for a new CFO. In addition, UA expects to allocate key operational duties of the COO role to the new CFO and the current executive leadership team as part of the transition process.
Kevin Plank, Under Armour founder and CEO, thanked Dickerson for his contributions to the company. He added, “During his time at Under Armour, Brad has played an integral role in providing value for the company by building a strong team and demonstrating a core competency of accelerating growth, taking the company from pre-IPO to a multi-billion dollar global business.”
“Over the last 11 years, Under Armour has enabled me to develop many competencies, including helping an early stage company accelerate growth, and I am excited to utilize this expertise in the near future,” said Dickerson. “I look forward to seeing the many great things to come from this brand and will focus on helping to secure and transition a world-class CFO.”