Under Armour names two new executive leaders
Under Armour, Inc. announced on Wednesday the appointment of David Baxter as president of the Americas, and Mehri Shadman as chief legal officer and corporate secretary.
Baxter will succeed Stephanie Pugliese, who is stepping down from her role and leaving the company, but will remain until early 2023 to support Baxter's transition. He joined Under Armour in 2020 as senior vice president, Americas wholesale.
Prior to that, he served as president and CEO of Lids Sports Group from 2016 to 2019, as well as vice president of Adidas's America's Sport Performance division from 2010 to 2014. Before that, he oversaw adidas and Reebok's sports licensed businesses with the major U.S. professional sports leagues.
Likewise, Shadman will replace John Stanton, UA's current chief legal officer, who has decided to retire at the end of 2022 after 16 years of service. In her new role, she will oversee the company's global legal function and serve as corporate secretary.
She is currently the deputy general counsel, corporate and risk, and assistant corporate secretary, at Under Armour where she has spent nine years providing counsel to its board of directors and executives. Before Under Armour, Shadman began her career as an associate at Fried, Frank, Harris, Shriver & Jacobson LLP, a renowned global law firm, in its capital markets practice. Both roles are effective October 24.
"We're very excited to recognize the talent that David and Mehri bring to our business. With deep market knowledge and outstanding expertise – we look forward to their proven leadership qualities helping to architect our next growth chapter,” said Colin Browne, Under Armour interim president and CEO.”
"As one of our longest serving executives, we want to congratulate John on his retirement and thank him for his many contributions to UA, including building our legal function from a small team following our initial public offering to a world-class global function. We also thank Stephanie for her contributions to Under Armour over the last three years, particularly her leadership of our largest region during a highly uncertain retail environment."
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