Under Armour's Latest Departure Headed Up Footwear Business
Under Armour Senior VP/Footwear Peter Ruppe is leaving, marking the "latest in a series of senior executive departures as the sportswear company struggles with slowing sales of its apparel and sneakers." A UA spokesperson confirmed that Ruppe, who has been in his post for the past two years, is "leaving the company." He "will be succeeded" by Ryan Drew, who previously served as GM of Under Armour’s basketball division. Ruppe, who "spent two decades at Nike" before joining UA, "declined to comment" (WSJ.com, 11/21).