Under Armour appoints Bloomberg columnist to its board of directors

Bloomberg columnist Mohamed El-Erian is the newest member of Under Armour’s board of directors, the sportswear brand announced this Monday. El-Erian, who is also a contributing editor to the Financial Times, currently serves as Chief Economic Advisor at Allianz, the parent company of investment management firm PIMCO, where he held the role of CEO between 2007 and 2014.

“We’re excited to welcome Mohamed to our board”, said Kevin Plank, Under Armour’s chairman and CEO, in a statement. “His renowned international, macroeconomic and financial expertise are welcomed strengths”.

El-Erian’s CV also includes one year as CEO at Harvard Management company, the entity responsible for managing the university’s endowment, and 15 years at the International Monetary Fund.

Founded in 1996 and headquartered in Baltimore, Maryland, Under Armour manufactures footwear, sports and casual apparel.