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Investment

Under Armour sells health-tracking app MyFitnessPal to Francisco Partners

Under Armour, a global leader in branded athletic performance apparel, footwear and accessories, announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners for $345 million. Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. The firm invests in opportunities […]

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Executive Movements

Lisa Collier appointed Chief Product Officer of Under Armour

Under Armour, Inc. has announced the appointment of Lisa Collier as Chief Product Officer. She will report directly to President and Chief Executive Officer Patrik Frisk and is expected to start on April 27. Lisa replaces Kevin Eskridge, who resigned as Chief Product Officer and will depart the company in August. “Collier will work closely […]