BALTIMORE, Aug. 16, 2021 /PRNewswire/ -- Under Armour,
Inc. (NYSE: UA, UAA) today announced that David Gibbs had been appointed to its Board of
Directors effective Sept. 1,
2021. As Chief Executive Officer (CEO) of Yum! Brands, Inc.
(NYSE: YUM), Gibbs, 58, leads the company's overarching strategies,
structure, people development, and culture to drive global growth
and sales and profitability for more than 51,000 KFC, Pizza Hut,
Taco Bell and The Habit Burger Grill restaurants in over 150
countries and territories, with approximately 2,000 franchisees and
1.5 million franchise system employees globally.
"We are thrilled to welcome David to our board. His outstanding
track record in global brand management, including significant
retail and international expertise, and driving shareholder returns
will serve as a tremendous resource as we continue to execute on
our growth objectives," said Under Armour Executive Chairman and
Brand Chief Kevin Plank. "Along with
these highly relevant skills, he also brings a strong
consumer-centric focus and a team-first approach that is lock-step
with Under Armour's culture. We look forward to benefitting from
David's seasoned perspective and his contributions as we further
amplify our offense."
"As a brand fan, it's been inspiring to watch Under Armour's
journey to becoming one of the world's most iconic athletic
performance companies over the past 25 years," said Gibbs.
"Following the effective execution of its multi-year
transformation, I am honored to join Kevin, Patrik, and the Under
Armour board, working alongside this exceptional team to help guide
the company successfully into its next chapter of growth."
Mr. Gibbs has been CEO of Yum! Brands since January 2020 and has served as a member of its
board of directors since November
2019. During his 32-year career with Yum! Brands, Gibbs has
held a variety of leadership positions in its KFC, Pizza Hut and
Taco Bell divisions, including global strategy, finance, general
management, operations and real estate. Before his CEO appointment,
Gibbs was Yum! Brands' president and chief operating officer with
global operating leadership of the KFC, Pizza Hut and Taco
Bell divisions. Before that, he was president and chief financial
officer, serving as the chief architect of the company's financial,
refranchising, and restaurant development strategy during a period
when Yum! Brands transformed into a capital-light, pure-play
franchisor. Gibbs holds a master's degree in business
administration from the Fuqua School of Business at Duke University and a Bachelor of Science degree in
mathematical science from Johns Hopkins
University.
About Under Armour, Inc.
Under Armour, Inc., headquartered in Baltimore, Maryland, is a leading inventor,
marketer and distributor of branded athletic performance apparel,
footwear and accessories. Designed to empower human performance,
Under Armour's innovative products and experiences are engineered
to make athletes better. For further information, please visit
http://about.underarmour.com.
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SOURCE Under Armour, Inc.