leadership
confidence high
sentiment neutral
materiality 0.40
Under Armour boosts COO Colin Browne's compensation and awards $1.5M retention bonus
Under Armour, Inc.
- Colin Browne's annual base salary increased to $900,000 for FY2024 from $775,000.
- Target annual cash incentive raised to 90% of base salary from 75%.
- Total target annual equity award raised to $2.0M from $1.75M (50% time-based RSUs, 50% performance-based RSUs).
- Browne granted $1.5M cash retention bonus, payable 50% in June 2023 and 50% in December 2023, subject to pro-rata repayment if he resigns within six months after each payment.