Raphael Peck has resigned as SVP of footwear Under Armour to pursue other opportunities. Adam Peake, VP of sales at the company, will serve as interim executive in charge of footwear while a search for a permanent successor continues.




An 8K filed with the Securities & Exchange Commission after the market's close on Tuesday by Under Armour indicated that Peck resigned, effective June 12.




“He made a personal decision after having been at Under Armour for a number of years,” said a spokesperson for the company. “He's taking some time off to decide what he wants to do for the next chapter of his career.”


 


A source at the company told SportsOneSource that Peck’s resignation was for personal reasons and was unrelated to the company’s search that commenced earlier this year to retain a new footwear executive.


 


The search for a successor is expected to be completed in the next several months. Meanwhile, responsibilities are being reorganized in Under Armour's sales department to fill Peake's former duties.


 

The company began offering footwear products in 2006, and each year thereafter has expanded its product offerings, including introducing a running line at the start of this year.


 


Peck had been SVP of footwear and licensing at Under Armour since March 2008. Prior to that, Peck served as VP of footwear and licensing from January 2008 to February 2008, VP of product creation and merchandising from October 2003 to December 2007 and director of global apparel and licensing from May 2002 to September 2003. Prior to joining Under Armour in 2002, Peck served as the global product line manager from 2000 to 2002 and SMU product line manager from 1999 to 2000 of adidas AG.