Under Armour, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Under Armour, Inc. on April 25, 2019. The report discloses a material change in the Company's senior management structure regarding its principal accounting officer.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel changes and does not contain financial performance data.
Material Changes
- Departure of Principal Accounting Officer: Andrew Page, Senior Vice President and Principal Accounting Officer, resigned effective April 25, 2019, to accept a role as Chief Accounting Officer at a public company in a different industry.
- Tenure: Mr. Page joined Under Armour in 2011 and served for eight years, progressing from Assistant Controller to his final role.
- Succession Plan: The Board of Directors will re-designate Chief Financial Officer David Bergman as the new Principal Accounting Officer, effective May 10, 2019.
Management Commentary and Risks
Mr. Page stated that it was a privilege to work for the Company and expressed pride in the team's accomplishments and the foundation built to drive long-term financial and operational targets. The filing does not disclose specific risks, contingencies, or unusual items beyond the standard disclosure of the officer's departure.
Key Facts for Investor Verification
- Confirm the effective date of David Bergman's new designation as Principal Accounting Officer (May 10, 2019).
- Verify if this leadership change impacts the timing or content of upcoming financial filings.
- Review subsequent filings for any additional executive departures or appointments.