The North American Business Is Facing Challenges And Another Executive Leaving.
According to foreign media reports, Andemar (Under Armour)'s North American business is facing major challenges. According to the documents submitted by the securities and Exchange Commission, the president of North American branch Jason Larose (JasonLaRose) will leave the company in April 30th.
Jason Larose worked as an executive at Sears and Express. He joined Andrea in 2013 and was promoted to his post in 2016.
Andemar's sales in North America in the fourth quarter were $965 million, down 6%.
International business grew by 24% to $395 million.
The company has recently seen a series of senior executives leaving.
Last month, DaveDombrow, the designer of many of the hot shoe series, left the company.
In July last year, UA senior vice president Adrien Floton (AdrienneLofton) left the company. In October, Kerry Chandler Kerry Chandler, the chief human resource officer of Andrew Ma, left the company. In December, Ryan Kul (RyanKuehl), senior vice president of marketing and sports marketing, Walker Jones (Walker Jones), UA global sports marketing, was dismissed.
In January this year, UA hired Cernavia Hroch (TchernaviaRocker) as the chief human resources and cultural officer. This is a newly established position, emphasizing the company's concern for employees and the overall satisfaction of their work.
Source: interface news
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