Stephanie Linnartz continues to make her mark on Under Armour.

One week after cutting 50 corporate jobs as a method to trim expenses, Under Armour is now shuffling its executive team.

On Wednesday, the Baltimore-based sports brand said that two top executives — chief operating officer Colin Browne, who had served as interim chief executive officer until Linnartz joined the corporate in February, and chief product officer Lisa Collier — will probably be exiting. Browne plans to step down in the autumn, the corporate said, while Collier will leave her post in August.

At the identical time, Under Armour named Jim Dausch executive vp and chief consumer officer, effective July 24, and promoted Danny Miles to executive vp and chief technology officer.

Dausch was formerly with Marriott International, where Linnartz worked for 25 years before joining Under Armour. Dausch served most recently as global chief product and digital officer and is credited with modernizing the corporate’s technology structure to reinforce customer experience and drive sales. In his two-decade profession at Marriott, he had also worked in sales and marketing, brand, corporate finance, operations and franchising.  

The changes are a part of the corporate’s latest Protect This House 3 strategy that Linnartz announced in May and is meant to “drive more consistent profitable growth and returns for shareholders over the long run,” the corporate said Wednesday. PTH3 is designed to focus on raising awareness of the Under Armour brand while delivering elevated designs and products to spice up sales within the U.S. while maintaining the corporate’s positive momentum overseas.

Linnartz, who assumed the CEO position vacated by Patrik Frisk last June, said in her first earnings call in May that she holds the manager team accountable for the corporate’s results and was willing to take measures to make sure the corporate’s long-term success.

“I very much recognize the time for motion is now,” she said on the time. “We want to deliver. And that’s what I’m holding myself and the team accountable to. So it’s not at all times probably the most glamorous part, however it is the tactical things that have you ever pull off a technique at the top of the day. Focus, execution and accountability.”

Within the fourth quarter, Under Armour’s net income received an $87 million boost from a tax valuation allowance and tallied $170.5 million, or 38 cents a share — up from losses of $59.6 million, or 13 cents, a yr earlier. However the progress was more gradual on an adjusted basis, with earnings per share coming in at 18 cents, 3 cents ahead of the 15 cents analysts projected on average, in keeping with FactSet. Revenues for the three months ended March 31 rose 7.5 percent to $1.4 billion from $1.3 billion within the prior-year period. 

This yr, Under Armour is expecting its revenues to be flat to up barely with diluted earnings per share of 47 cents to 51 cents — down from 58 cents this past yr.

On Wednesday, Linnartz said of the changes: “As we proceed strengthening our foundation to remodel Under Armour faster by driving sharper focus and execution against PTH3, we’re delighted to welcome Jim Dausch to our executive leadership team. Jim is a seasoned executive with deep experience leading transformational initiatives, including digital expansion, global loyalty programs and launching latest businesses and types. I’m confident that his world-class leadership will help unify our team of extremely talented teammates to assist drive the following phase of our growth.”

As chief consumer officer, Dausch will oversee global brand marketing, digital engagement and customer experience across all channels.

Browne, who has been with Under Armour since 2016, had overseen the corporate’s digital strategy, direct-to-consumer operations and its supply chain. He also served as interim CEO from June 2022 through February of this yr when Linnartz got here on board. Following his departure later this yr, Under Armour will not seek a COO, but quite a chief supply chain officer, the corporate said.

Nonetheless, Collier’s role will probably be replaced and the corporate has began an external seek for a latest chief product officer. Until a successor is known as, Dan Leraris, head of apparel, will function interim chief product officer, effective Monday.

“I would love to thank Colin for his leadership at Under Armour and his partnership in helping lay out the foundations of PTH3,” Linnartz said. “Colin has played an integral role in Under Armour’s transformation, and his leadership, amongst other things, played a critical role in navigating significant supply chain challenges through the global COVID-19 pandemic.” She also said of Collier: “On behalf of the entire teammates at Under Armour, we wish Lisa one of the best in her future endeavors. We stay up for proceed constructing, evolving and enhancing our product lineup based on the foundations she helped establish.”

Collier was named chief product officer in April 2020 after serving as president and CEO of Not Your Daughter’s Jeans from 2016 to 2019. She also worked for Levi Strauss for 13 years. She was hired by Frisk.

Miles joined Under Armour in 2021 and leads its global technology operations. He’ll report back to Linnartz.

In its proxy filing on Tuesday, Under Armour said Linnartz received stock awards valued at $11 million, in addition to a complete salary of $125,000 and a bonus of $175,000 for the fiscal yr ended March 31.