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[1/2] Stephanie Linnartz, President of Marriott International speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. REUTERS/Mike BlakeDec 21 (Reuters) - Under Armour Inc (UAA.N) on Wednesday named veteran hotelier Stephanie Linnartz as its chief executive, betting that her experience in e-commerce and branding strategy will help revive sales at the apparel maker. Linnartz currently serves as president of Marriott International Inc (MAR.O) and has been with the hotel chain operator in various roles for the last 25 years. Interim CEO Colin Browne will resume his responsibilities as chief operating officer, Under Armour said in a statement. Linnartz will receive a base salary of $1.3 million per year and a one-time sign-on cash bonus of $375,000.
Under Armour names Marriot's Linnartz as CEO
  + stars: | 2022-12-21 | by ( ) www.reuters.com   time to read: +1 min
Dec 21 (Reuters) - Under Armour Inc (UAA.N) on Wednesday named Stephanie Linnartz as its chief executive officer, months after Patrik Frisk stepped down from the role, sending shares of the apparel company marginally down in extended trading. Joining Under Armour on Feb. 27, Linnartz will take the helm at a time when the company is grappling with weakening demand for sporting goods as decades-high inflation makes consumers cut corners. Former CEO Frisk, who joined Under Armour in 2017 and was named as CEO in 2020, had helped the company "dramatically improve" the health of its businesses during his time by focusing on building inventory. The company said Linnartz will receive a base salary of $1.3 million per year and a one-time sign-on cash bonus of $375,000. Meanwhile, Under Armour interim CEO Colin Browne will resume his responsibilities as chief operating officer.
Under Armour said Wednesday that it has hired Marriott International President Stephanie Linnartz to be its next CEO, capping off a seven-month hunt for a new boss that the company hopes will grow its digital business. Linnartz, who has been with Marriott since 1997, was one of 60 candidates considered for the role. "She's really a learner," Plank said. Linnartz, who started as a financial analyst at Marriott in 1997, will start her new job on Feb. 27. The company is banking on Linnartz's experience leading Marriott's multibillion-dollar digital transformation to accelerate Under Armour's online initiatives.
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He would build on Pelosi's historic accomplishments as the first female House speaker and the first woman to lead a party in either chamber of Congress. Jeffries satisfies the demand of many House Democrats that younger blood replace the 82-year-old Pelosi, who has had a grip on leadership for the past two decades. 2 position of Democratic whip and moderate Representative Pete Aguilar was expected to seek the job heading the Democratic caucus, which Jeffries now holds. If Jeffries wins the Nov. 30 leadership election, Democrats will be placing party power squarely with New Yorkers. While he is a member of the Congressional Progressive Caucus, Jeffries at times has had strained relations with some progressives, who have questioned his ties to corporate America.
John Fetterman said in a recent interview that defunding the police "was always absurd." "It was always absurd to defund the police," Fetterman said. When asked about Philadelphia City Council President Darrell Clarke's desire to take a look at the constitutionality of some stop-and-frisk policies, Fetterman spoke of the importance of making sure any policy decisions would not be "abused." Most Democrats — including President Joe Biden and House Speaker Nancy Pelosi — have rejected the concept of defunding police departments. Fetterman is running against Republican Mehmet Oz in one of the most competitive Senate races in the country.
The match is the first to take place at the stadium, which will host the World Cup 2022 final. The civilians were told they had been called up to assist with the World Cup and that it was their "patriotic duty" to do so, the source said. Asked for comment, a Qatari government official said in a statement that Qatar's national service program would continue as normal during the World Cup. The diplomats are expected to return to their posts after the World Cup. World Cup organisers intend to relax Qatar's strict laws limiting the public sale of alcohol, and will allow beer to be served near stadiums a few hours before matches kick off.
În jur de 1.000 de persoane din Suedia au fost vaccinate cu doze de vaccin produs de Moderna care au fost păstrate la temperatura greșită în timpul transportării, anunță Reuters. În total, 2.100 de doze ale vaccinului, în jur de 20% din numărul primit de Suedia din partea Moderna, au fost păstrate la temperaturi prea scăzute. Toate persoanele cărora le-au fost administrate dozele păstrate necorespunzător sunt angajați sanitari, potrivit aceleiași surse. „Un lucru pe care trebuie să îl aflăm este dacă vaccinurile deja administrate vor funcționa”, a declarat Magnus Frisk, un purtător de cuvânt al Apoteket. Acesta a adăugat că Moderna a fost contactată pentru a oferii informații suplimentare despre efectele păstrării la o temperatură prea scăzută a dozelor și dacă persoanele deja vaccinate cu acestea vor avea nevoie de o nouă doză.
Persons: Reuters, Suediei, Magnus Organizations: Moderna Locations: Suedia
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