Apparel maker Under Armour announces promotion & appointments
17 Mar '06
3 min read
Athletes apparel maker Under Armour Inc, announced the promotion of two key Senior Executives and the addition of two new members to the Company's management team designed to effectively position the business for the long-term and support the Company's strong ongoing growth in both domestic and international markets.
Wayne Marino has been promoted to Executive Vice President/Chief Financial Officer.
As part of Marino's new role, he will oversee the Company's Sales Operations and Production Planning units.
He will continue to hold responsibility for the Accounting and Finance, Information Technology, Distribution, Facilities, and Human Resources departments.
Marino joined Under Armour as Vice President and Chief Financial Officer in January 2004 and was named Senior Vice President and Chief Financial Officer in 2005.
Prior to joining Under Armour, he served as Chief Financial Officer of Nautica Enterprises Inc from 2000 to 2003.
William Kraus has been named Senior Vice President of Marketing.
He had previously been Vice President of Sports Marketing, Team Sales and Licensing.
Kraus will assume the senior leadership position for the Product Creation and Merchandising functions and will also oversee the Brand Marketing organization as well as the Sports Marketing team.
Prior to joining Under Armour in 2002, Kraus served as Director of Eastern Retail Sales for Champion Products.
Kevin A Plank, Chairman, President and Chief Executive Officer of Under Armour Inc, stated, "These promotions recognize the critical contributions of key individuals and the additions to the team ensure that they have strong resources and significant bench strength as they continue to build both their brand and business."