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UNDER ARMOUR ANNOUNCES CFO TRANSITION; REZA TALEGHANI TO SUCCEED DAVID BERGMAN IN FEBRUARY 2026

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Under Armour (NYSE: UA) announced a CFO transition: Reza Taleghani will join as EVP and Chief Financial Officer in February 2026, succeeding David Bergman. Bergman, a 21-year Under Armour veteran, will remain with the company through the first quarter of fiscal 2027 to support a seamless handover. Taleghani joins from Samsonite, where he served as EVP and CFO since 2018, and brings more than 25 years of global financial and operational experience, including roles at Brightstar and J.P. Morgan. The company emphasized the transition's strategic importance for strengthening the brand, driving growth, and improving financial results.

Under Armour (NYSE: UA) ha annunciato un passaggio di CFO: Reza Taleghani entrerà come EVP e Direttore Finanziario a febbraio 2026, succedendo a David Bergman. Bergman, veterano di Under Armour per 21 anni, rimarrà con l'azienda fino al primo trimestre dell'anno fiscale 2027 per garantire un passaggio fluido. Taleghani arriva da Samsonite, dove ha ricoperto il ruolo di EVP e CFO dal 2018, e porta oltre 25 anni di esperienza finanziaria e operativa globale, inclusi ruoli in Brightstar e J.P. Morgan. L'azienda ha sottolineato l'importanza strategica della transizione per rafforzare il marchio, guidare la crescita e migliorare i risultati finanziari.

Under Armour (NYSE: UA) anunció una transición de director financiero: Reza Taleghani se unirá como EVP y Director Financiero en febrero de 2026, sucediendo a David Bergman. Bergman, veterano de Under Armour durante 21 años, permanecerá en la compañía hasta el primer trimestre del año fiscal 2027 para apoyar una transición sin problemas. Taleghani proviene de Samsonite, donde se desempeñó como EVP y CFO desde 2018, y aporta más de 25 años de experiencia financiera y operativa global, incluidas funciones en Brightstar y J.P. Morgan. La compañía enfatizó la importancia estratégica de la transición para fortalecer la marca, impulsar el crecimiento y mejorar los resultados financieros.

Under Armour (NYSE: UA)는 CFO 이직을 발표했습니다: 레자 탈레가니2026년 2월에 EVP 겸 최고재무책임자(CFO)로 합류하며 데이비드 버그먼의 뒤를 잇게 됩니다. 버그먼은 Under Armour에서 21년간 재직한 베테랑으로, 2027 회계연도 1분기까지 회사와 함께하며 매끄러운 인수인계를 지원할 예정입니다. 탈레가니는 2018년부터 EVP 겸 CFO로 재직해온 Samsonite에서 합류했으며, Brightstar와 J.P. 모건에서의 경험을 포함해 25년이 넘는 글로벌 재무 및 운영 경력을 보유하고 있습니다. 회사는 이 이직이 브랜드 강화, 성장 추진, 재무 성과 개선에 전략적으로 중요하다고 강조했습니다.

Under Armour (NYSE: UA) a annoncé une transition du directeur financier: Reza Taleghani rejoindra en tant que vice-président exécutif et directeur financier au février 2026, succédant à David Bergman. Bergman, vétéran d'Under Armour depuis 21 ans, restera dans l'entreprise jusqu'au premier trimestre de l'exercice 2027 pour assurer une passation en douceur. Taleghani rejoint Samsonite, où il était vice-président exécutif et directeur financier depuis 2018, et apporte plus de 25 ans d'expérience financière et opérationnelle mondiale, notamment des postes chez Brightstar et J.P. Morgan. L'entreprise a souligné l'importance stratégique de cette transition pour renforcer la marque, stimuler la croissance et améliorer les résultats financiers.

Under Armour (NYSE: UA) gab einen CFO-Wechsel bekannt: Reza Taleghani wird als EVP und Chief Financial Officer im Februar 2026 eintreten und damit David Bergman nachfolgen. Bergman, ein 21-jähriger Under-Armour-Veteran, wird bis zum ersten Quartal des Geschäftsjahres 2027 im Unternehmen verbleiben, um eine nahtlose Übergabe zu unterstützen. Taleghani kommt von Samsonite, wo er seit 2018 als EVP und CFO tätig war, und bringt mehr als 25 Jahre globale Finanz- und Betriebserfahrung mit, darunter Positionen bei Brightstar und J.P. Morgan. Das Unternehmen betonte die strategische Bedeutung des Wechsels, um die Marke zu stärken, das Wachstum voranzutreiben und die Finanzergebnisse zu verbessern.

Under Armour (NYSE: UA) أعلن عن انتقال إلى منصب المدير المالي: سيلتقي ريزا طالقاني في منصب نائب رئيس تنفيذي و المدير المالي في فبراير 2026، خلفاً لـ ديفيد بيرغمان. سيبقى بيرغمان، المخضرم في Under Armour لمدة 21 عاماً، مع الشركة حتى الربع الأول من السنة المالية 2027 لدعم انتقال سلس. ينضم Taleghani من شركة Samsonite، حيث شغل منصب نائب الرئيس التنفيذي والمدير المالي منذ 2018، ويحمل أكثر من 25 عاماً من الخبرة المالية والتشغيلية العالمية، بما في ذلك مناصب في Brightstar وJ.P. Morgan. أكدت الشركة أهمية الانتقال استراتيجياً لتعزيز العلامة التجارية، وتحفيز النمو، وتحسين النتائج المالية.

Positive
  • Reza Taleghani starts as CFO in February 2026
  • Outgoing CFO David Bergman remains through Q1 fiscal 2027
  • Taleghani brings 25+ years of global financial experience
  • Taleghani served as Samsonite CFO since 2018
Negative
  • Departure of long‑tenured CFO David Bergman after 21 years
  • External CFO hire requires integration with Under Armour leadership

BALTIMORE, Nov. 6, 2025 /PRNewswire/ -- Under Armour, Inc. (NYSE: UAA, UA) today announced that Reza Taleghani will join the company as Executive Vice President (EVP) and Chief Financial Officer (CFO) in February 2026. He will succeed David Bergman, a 21-year Under Armour veteran, who will step down as CFO and remain with the company through the first quarter of fiscal 2027 to ensure a seamless transition.

"Dave's leadership, financial discipline, and unwavering commitment have been instrumental in shaping Under Armour's success and resilience over more than two decades," said Kevin Plank, Under Armour President and CEO. "As we enter a crucial time for the brand, we are deeply thankful for his many contributions and his partnership in ensuring a smooth transition. Reza brings a global perspective, strong financial expertise, and a strategic mindset that align perfectly with our goals for Under Armour's next chapter. His leadership will be essential as we strengthen our foundation, drive growth, and unlock the full potential of our brand for athletes and shareholders around the world."

"I am honored to join Under Armour at such a significant and energizing moment in its growth," said Reza Taleghani. "This is an iconic company with a strong foundation, a passionate team, and an unwavering focus on performance and innovation. I look forward to working closely with Kevin and the leadership team to advance our strategic priorities, improve financial results, and create long-term value for our teammates, athletes, and shareholders."

Reza Taleghani – Background

Mr. Taleghani has more than twenty-five years of global financial and operational leadership experience. He joins Under Armour from Samsonite Group S.A., where he has served as EVP and CFO since 2018, overseeing global finance, accounting, investor relations, treasury, internal audit, and mergers and acquisitions. During his tenure, he led major financial and operational transformations, resulting in record gross margins and EBITDA margins.

Before joining Samsonite, Mr. Taleghani served as President and CFO at Brightstar Corp., a SoftBank portfolio company, where he led its device protection and financial services divisions and managed key international acquisitions. He spent over 15 years at J.P. Morgan, holding senior roles in investment banking, commercial banking and asset management, and served as President and CEO of Sterling Airlines A/S in Copenhagen. Mr. Taleghani earned a JD/MBA from Villanova University and dual bachelor's degrees from Brown 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

Forward-Looking Statements

Some of the statements contained in this press release constitute forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts, such as statements regarding our share repurchase program, future financial condition or results of operations, growth prospects and strategies, potential restructuring efforts (including the scope, anticipated charges and costs, the timing of these measures, and the anticipated benefits of our restructuring initiatives), expectations related to promotional activities, freight, product cost pressures, foreign currency effects, the impact of global economic conditions including changes in trade policy and inflation on our results of operations, liquidity and use of capital resources, the development and introduction of new products, the execution of marketing strategies, benefits from significant investments, and impacts from litigation or other proceedings. In many cases, you can identify forward-looking statements by terms such as "may," "will," "could," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "outlook," "potential," or the negative of these terms or other comparable terminology. The forward-looking statements in this press release reflect our current views about future events. They are subject to risks, uncertainties, assumptions, and changes in circumstances that may cause events or our actual activities or results to differ significantly from those expressed in any forward-looking statement. Although we believe the expectations reflected in the forward-looking statements are reasonable, they are inherently uncertain. We cannot guarantee future events, results, actions, activity levels, performance, or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements. Several important factors could cause actual results to differ materially from those indicated by these forward-looking statements, including, but not limited to: changes in general economic or market conditions (such as rising inflation and potential impacts of changes and uncertainties related to government fiscal, monetary, tax and trade policies) that could influence overall consumer spending or our industry; the impact of global events beyond our control, including military conflicts; and the effects of changes in the global trade environment, such as the imposition of new tariffs and countermeasures thereto, on our profitability; increased competition that may cause us to lose market share, lower product prices or significantly increase marketing efforts; fluctuations in the costs of raw materials and commodities we use in our products and supply chain (including labor); our ability to successfully execute our long-term strategies; our ability to effectively drive operational efficiency in our business; changes in the financial health of our customers; our ability to effectively develop and launch new, innovative, and updated products; our ability to accurately forecast consumer preferences and demand for our products and to effectively manage our inventory; our ability to successfully execute any restructuring plans and achieve expected benefits; loss of key customers, suppliers, or manufacturers; our ability to further expand our business globally and drive brand awareness and consumer acceptance of our products in other countries; our ability to manage the increasingly complex operations of our global business; our ability to effectively market and maintain a positive brand image; our ability to successfully manage or achieve expected outcomes from significant transactions and investments; our ability to attract key talent and retain the services of our senior management and other key employees; our ability to effectively meet regulatory requirements and stakeholder expectations with respect to sustainability and social matters; the availability, integration and effective operation of information systems and other technology, as well as any potential interruption of such systems or technology; any disruptions, delays or deficiencies in the design, implementation, or application of our global operating and financial reporting information technology system; our ability to access capital and financing required to manage our business on terms acceptable to us; our ability to accurately anticipate and respond to seasonal or quarterly fluctuations in our operating results; risks related to foreign currency exchange rate fluctuations; our ability to comply with existing trade and other regulations; risks related to data security or privacy breaches; the impact of global or regional public health emergencies on our industry and our business, financial condition and results of operations, including impacts on the global supply chain; and our potential exposure to and the financial impact of litigation and other proceedings. The forward-looking statements here reflect our views and assumptions only as of the date of this press release. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect unanticipated events.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/under-armour-announces-cfo-transition-reza-taleghani-to-succeed-david-bergman-in-february-2026-302606459.html

SOURCE Under Armour, Inc.

FAQ

When will Under Armour (UA) new CFO Reza Taleghani officially start?

Reza Taleghani will join Under Armour as EVP and CFO in February 2026.

How long will David Bergman stay after the CFO announcement for UA (NYSE: UA)?

David Bergman will remain with Under Armour through the first quarter of fiscal 2027 to support the transition.

What is Reza Taleghani's background before joining Under Armour (UA)?

He was EVP and CFO at Samsonite since 2018 and has more than 25 years of global finance experience.

Does the Under Armour (UA) announcement indicate immediate financial guidance changes?

No specific financial guidance or numerical outlook changes were disclosed in the announcement.

Will the CFO change at Under Armour (UA) affect management timing or strategy?

The company framed the hire as strategic for strengthening the foundation and driving growth, with a planned transition period through Q1 fiscal 2027.

Why is Under Armour (UA) highlighting Reza Taleghani's experience?

The announcement cites his global financial leadership, operational transformations, and prior roles at Samsonite, Brightstar, and J.P. Morgan.
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