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Under Armour Adds Two To Board As Saunders Departs

Under Armour Adds Two To Board As Saunders Departs

Under Armour, Inc. appointed Carolyn Everson and Patrick Whitesell to its board of directors effective February 1, 2023. Longtime UA board member Harvey Sanders will retire on March 31, 2023. 

As previously announced, Stephanie Linnartz will join the company as president, CEO, and member of its board of directors, effective February 27, 2023.

“We are thrilled to welcome Carolyn and Patrick to our board of directors,” said Kevin Plank, Under Armour executive chair and brand chief. “These two powerhouse executives, whose experience ranges across complex brand strategy, media, technology, advertising and sports and entertainment management, will be a tremendous collective resource as we continue to focus on our global brand and digital growth. Along with Stephanie, these appointments will bring significant strength to our board. I look forward to partnering with Carolyn and Patrick to make UA better for our athletes while building long-term value for Under Armour shareholders”.

Harvey Sanders has served on Under Armour’s Board since November 2004 and is currently chair of the company’s Human Capital and Compensation Committee. He joined the board following a career that included as CEO & chairman of the board of Nautica Enterprises from 1993 to 2003.

“I want to thank Harvey for more than 18 years of board service to the brand, dating back to our early beginning, before Under Armor became a public company,” said Plank. “I am sincerely grateful for his leadership, mentorship, and care toward the UA Team and our great brand.”

Everson has worked since January 2023 as a senior advisor for Permira, a private equity firm focused on technology and consumer brands. Before joining Permira, she served as president of Instacart. efore that, she was VP of the Global Business Group, at Meta Platforms, Inc. Before joining Meta, she held advertising positions at Microsoft and Viacom. In addition, she is a board member of The Walt Disney Company and The Coca-Cola Company. She also serves on the boards of Villanova University, the Humane Society of the United States and Columbia Medical School. She is a member of the Council of Foreign Relations. 

Whitesell has served since October 2017 as executive chairman of Endeavor Group Holdings, a global sports and entertainment company composed of entertainment agency WME; sports, fashion, events and media company IMG; and mixed martial arts organization UFC. He also serves on Endeavor’s board of directors. Previously, Whitesell served as Endeavor’s co-CEO, following his role as co-CEO of WME. Whitesell also serves on the board of directors of Learfield.