(Reuters) – Under Armour Inc on Wednesday named Stephanie Linnartz as its chief executive officer, effective Feb. 27, to succeed Patrik Frisk who stepped down from his role in June.
Shares of the Baltimore-based company were up 1.4% in extended trade.
Linnartz currently serves as the president of Marriott International Inc and has been with the company for 25 years.
Under Armour’s interim CEO Colin Browne will resume his responsibilities as chief operating officer.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Anil D’Silva)