Stephanie Linnartz is one of the most influential women in the business world. She is the CEO of Under Armour, a leading sports apparel and footwear company. She joined the company in January 2024, after serving as the president of Marriott International, a global hospitality giant.
But how much does Stephanie Linnartz earn as the CEO of Under Armour? And what is her net worth? In this article, we will explore these questions and more.
Stephanie Linnartz Salary and Compensation
According to Salary.com, Stephanie Linnartz received over $11 million in total compensation in 2023, when she was the president of Marriott International. Out of this, she received $980,768 as a base salary. She was also awarded $6.8 million worth of stock award value, according to Wallmine.com.
As the CEO of Under Armour, Stephanie Linnartz is expected to earn even more. According to Forbes, the median CEO pay in the apparel industry was $13.9 million in 2022. However, this figure may vary depending on the company’s performance, market conditions, and other factors.
Stephanie Linnartz Net Worth
Based on her salary and compensation, Stephanie Linnartz’s net worth is estimated to be around $32 million, according to Wikiofcelebs.com. However, this is not an official figure, and it may change over time.
Stephanie Linnartz owns 63,671 shares of Marriott International stock worth more than $14.3 million as of December 31st, 2021, according to Insidertrades.com. She also owns some shares of Under Armour, but the exact number and value are not disclosed.
Apart from her stocks, Stephanie Linnartz may also have other assets, such as real estate, vehicles, jewelry, and personal savings. However, these are not publicly available, and therefore, we cannot estimate their value.
Stephanie Linnartz Career and Achievements
Stephanie Linnartz has a remarkable career in the business world. She started her professional career at Hilton Worldwide in 1992, where she worked in sales and operations for three years. She then joined Marriott International in 1997, where she held various leadership positions for 27 years.
She was the group president of consumer operations, technology, and emerging businesses at Marriott International from 2020 to 2023. In this role, she was responsible for the company’s brand management, marketing, digital, sales, reservations, revenue management, consumer insight, and information technology functions.
She was also instrumental in developing and launching Marriott Bonvoy, the company’s loyalty program, which has over 150 million members worldwide. She also oversaw the integration of Starwood Hotels and Resorts, which Marriott acquired in 2016 for $13 billion.
In January 2024, Stephanie Linnartz became the CEO of Under Armour, succeeding Patrik Frisk, who retired after two years. She is the first woman to lead the company, which has over 16,000 employees and $5 billion in annual revenue.
She is also the chair of the board of directors of the American Hotel and Lodging Association, the largest trade association for the hospitality industry. She is also a member of the board of trustees of the College of the Holy Cross, her alma mater.
Stephanie Linnartz has a bachelor’s degree in political science and government from the College of the Holy Cross and an MBA in finance from the College of William and Mary. She is married and has two children.
Conclusion
Stephanie Linnartz is a successful and influential business leader. She is the CEO of Under Armour, a leading sports apparel and footwear company. She has a net worth of around $32 million, based on her salary and compensation. She has a long and impressive career in the hospitality industry, where she was the president of Marriott International. She is also a board member of several organizations and a philanthropist. She is an inspiration for many aspiring entrepreneurs and executives.