Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including managing the strategy and growth of the company's core businesses including apparel and footwear, and will continue to drive the company's global brand and marketing strategy.
“I want to take this opportunity to acknowledge David's accomplishments and I want to thank him for his many contributions,” said Plank. “Over the past few years, we have delivered strong results, developed a strategy and platform for driving future growth, and built a tremendous team of leaders to take Under Armour to the next level. We are confident this will be a smooth transition, and I am excited about driving the Under Armour Brand forward around the world.”
“I am proud to have been part of the most dynamic brand in sport, and some of the special accomplishments achieved by the Under Armour team over the past two years,” said McCreight. “Under Armour has a great vision, strong management team, deep connection to today's athlete, and is poised for greatness.”
McCreight, who had been president of Lands End, a unit of Sears Holdings Corp., was named president in July 2008, taking over that job from Plank, who remained chairman and CEO.
