Under Armour

Under Armour appoints former PIMCO CEO to its board of directors

Under Armour appoints former PIMCO CEO to its board of directors

Under Armour announced Monday that Mohamed A. El-Erian has joined the board of directors for the Baltimore-based athletic apparel brand.

El-Arian is the former CEO and co-chief investment officer of fund manager PIMCO and currently serves as the chief economic advisor at Allianz, PIMCO’s corporate parent in Munich, Germany.

“For more than a decade now, I’ve followed and admired Under Armour as it has grown to become one of the world’s largest athletic performance brands,” El-Erian said in a statement. “I’m honored to join the board of directors and to work with a management team that’s committed to creating long-term growth and returns for shareholders."

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