#United States #Baltimore #CFO Transition #Under Armour #Reza Taleghani

Under Armour's Upcoming CFO Transition

In a significant move within the corporate structure of Under Armour, Inc. (NYSE: UAA, UA), it was announced on November 6, 2025, that Reza Taleghani will take over as Executive Vice President (EVP) and Chief Financial Officer (CFO) starting February 2026. He will succeed David Bergman, who has embellished the company with over twenty-one years of service as the CFO, a role characterized by steadfast leadership and financial acumen.

David Bergman has played an instrumental role in shaping Under Armour's growth, having operated as CFO during pivotal moments in the company’s evolution. As Bergman prepares to step down, he will still remain on board until the first quarter of fiscal 2027, ensuring a smooth transition of responsibilities. In a statement, Kevin Plank, President and CEO of Under Armour, highlighted Bergman's invaluable contributions and expressed gratitude for his commitment to facilitating this key handover of leadership.

Taleghani's appointment comes at a crucial time for Under Armour as the brand seeks to harness its full potential. “Dave’s leadership, financial discipline, and unwavering commitment have been instrumental in shaping Under Armour's success and resilience,” remarked Plank. Bergman’s efforts helped the brand not only expand but also stabilize through economic fluctuations.

Reza Taleghani brings to the table over 25 years of extensive experience in global financial and operational leadership, most recently serving as EVP and CFO at Samsonite Group S.A. Since 2018, he has led various financial and operational transformations at Samsonite, directly contributing to their record gross and EBITDA margins. His prior experience includes notable roles at Brightstar Corp., where he held the position of President and CFO, and senior roles at J.P. Morgan focusing on investment and commercial banking. Taleghani possesses a strong educational background, including a JD/MBA from Villanova University and dual bachelor's degrees from Brown University.

“I am honored to join Under Armour at such a significant and energizing moment in its growth,” stated Taleghani. He praised the company's robust foundation, dedicated team, and relentless commitment to performance and innovation. As he steps into his new role, Taleghani is enthusiastic about collaborating with Plank and the leadership team to further bolster the company's strategic goals and enhance financial performance. His focus will primarily be on advancing long-term value creation for team members, athletes, and shareholders.

About Under Armour

Headquartered in Baltimore, Maryland, Under Armour is recognized as a leading innovator in branded athletic performance apparel, footwear, and accessories. The company's vision revolves around empowering athletes through innovative products and experiences designed to foster better performance. As the world of sports continues to evolve, Under Armour aims to stay at the forefront of athletic transformation, ensuring that they not only meet the demands of consumers but also exceed them.

For more detailed insights into Under Armour’s ongoing transformations and growth strategies, their official website provides ample resources about their journey and future direction. The transition to a new CFO marks a significant chapter for Under Armour as it embarks on its next phase, aiming to strengthen its financial footing while continuing to create innovative products that resonate with athletes across the globe.