Under Armour names Chip Molly as its new CFO

Under Armour has appointed Chip Molloy, the former CFO of PetSmart, as its new Chief Financial Officer effective January 19, 2016. To help ensure a smooth transition, Molloy will work closely with the company's current CFO Brad Dickerson, who will remain with the company in an advisory capacity through February. David Bergman, Vice President of Finance & Corporate Controller, will also play a key role in the transition.

“Under Armour is a growth company with a dynamic senior leadership team, and we are excited for Chip Molloy to help drive the business on the road to 7.5 billion dollars in revenue by 2018," said Kevin Plank, Chairman and CEO, Under Armour.