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Kevin Plank, Under Armour’s controversial founder and controlling shareholder, will again become its CEO, starting April 1. The latest "boomerang" CEO to return to his former job (a group that ...
A court case has uncovered the unusual relationship between Under Armour founder Kevin Plank and MSNBC anchor Stephanie Ruhle—revealing the two communicated at "all hours" via a secret phone and ...
Kevin Audette Plank (born August 13, 1972 [1]) is an American billionaire businessman and philanthropist. 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]
Plank says he is resetting the business. That includes slashing 25% of the company's stock keeping units (SKU), cutting more costs (the other constant in recent years), and rededicating himself to ...
Under Armour was founded on September 25, 1996, by Kevin Plank, a then-24 year old former special teams captain of the University of Maryland football team. Plank initially began the business from his grandmother's basement in Washington, D.C. [4] He spent his time traveling along the East Coast with nothing but apparel in the trunk of his car ...
Forbes magazine speculated that Plank, estimated by the magazine to be worth more than $1.3 billion, was a key driving force in Maryland's Big Ten move. In the week before the Big Ten negotiations were revealed, Under Armour filed a statement with the Securities and Exchange Commission indicating that Plank would sell 1.3 million shares in the ...
Plank deserves full credit for working hard to bring Under Armour to life — the guy was selling T-shirts out of his car in the late 1990s. He is unquestionably an American success story, and to ...
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]