Under Armour, a Baltimore-based sportswear apparel company, announced on Aug. 14 it will be losing another high-ranking executive.
Janet Fox plans to step down as senior vice president of sourcing of the sporting brand, effective Aug. 24, “to pursue other interest,” the company said in a press release.
Chief Supply Chain Officer Jim Hardy will take over Fox’s responsibilities, which include overseeing the company’s apparel sourcing operations. Hardy, to whom Fox reported, has more than 26 years of managerial experience in supply chain operations.
Fox came to Under Armour in 2011 after working for J.C. Penney Co. for almost 30 years. According to the Baltimore Business Journal, Fox is the latest high-ranking executive to resign from the company, following suit of Stuart Redsun, former senior vice president of global marketing, and Mark Dowley, former international chief.
Under Armour is quickly making a name for itself. Founded in 1996 by former University of Maryland alumni, Kevin Plank, the apparel company saw a 21 percent increase in profits in its 1st quarter sales this year and 27 percent increase in its 2nd quarter.