Friday, May 17, 2024 | Baltimore, MD

Under Armour executives get compensation bump after barely making financial goals

July 6, 2023

Under Armour Inc.’s top executives saw increased compensation even as the company barely hit its financial targets for its last fiscal year. Under Armour (NYSE: UAA) reported adjusted operating income of $330.1 million and net revenue of $5.99 billion, just slightly above the thresholds of $330 million and $5.98 billion needed for the company’s named executives to receive performance-based compensation.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.