Under Armour COO Patrik Frisk's 2019 pay slips 5% to $6M
Under Armour reports 2019 executive compensation
By ExecPay News
Published: April 14, 2020
Under Armour reported fiscal year 2019 executive compensation information on April 14, 2020.
In 2019, five executives at Under Armour received on average a compensation package of $4.1M, a 21% decrease compared to previous year.
Patrik Frisk, Chief Operating Officer, received $6M in total, which decreased by 5% compared to 2018. 67% of Frisk's compensation, or $4M, was in stock awards. Frisk also received $960K in non-equity incentive plan, $1M in salary, as well as $42K in other compensation.
For fiscal year 2019, the median employee pay was $12,126 at Under Armour. Therefore, the ratio of Patrik Frisk's pay to the median employee pay was 495 to one.
Kevin A. Plank, Chief Executive Officer, received a compensation package of $6M, which decreased by 9% compared to previous year. 67% of the compensation package, or $4M, was in option awards.
Colin Browne, Chief Supply Chain Officer, earned $3.3M in 2019.
Tchernavia Rocker, Chief People and Culture Officer, received $2.7M in 2019.
David Bergman, Chief Financial Officer, earned $2.4M in 2019, a 9% decrease compared to previous year.