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Under Armour founder Kevin Plank is back as CEO, abruptly ending Stephanie Linnartz’s three-year turnaround plan two years early Maria Aspan March 13, 2024 at 7:37 PM
Under Armour CEO’s shock exit is another example of the executive chair curse. Alan Murray, Nicholas Gordon. March 14, 2024 at 12:50 AM. Good morning.
Plank will become Under Armour’s fourth CEO in four years after he initially “stepped down” from the role in 2020. (He has remained executive chairman since then, and still owns 65% of Under ...
Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. He was CEO from its founding until 2020 and returned as CEO in April 2024. [2] As of April 2023, his net worth was estimated at US$1.1 billion. [3]
Patrik Frisk (born 1962/1963) is a Swedish/American businessman in the apparel industry. [3] From 2020 to 2022, he was the president and CEO of Under Armour, when he succeeded the company's founder, Kevin Plank. [2]
At the beginning of 2020, Plank nominally stepped down from leading Under Armour, keeping his “executive chairman” role and naming company president Patrik Frisk CEO. Founder Kevin Plank ...
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Late Wednesday, Under Armour founder Kevin Plank — who has 65% voting control due to his stock ownership — planted himself back as CEO after stepping down in 2019.