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Under Armour's CEO once withdrew thousands of dollars from an ATM at the Masters, and it shows how far his company has come

9 monthes ago   |   By Business Insider

Under Armour CEO Kevin Plank is stepping down as chief executive from the company he founded 23 years ago.
About 10 years ago, Plank had to offer a golfer $8,000 up-front to wear Under Armour gear at the Masters .
Since then, the company has scored endorsement deals with high-profile athletes including Steph Curry , Tom Brady , Jordan Spieth , Michael Phelps , Cam Newton , and Lindsey Vonn .
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Kevin Plank is stepping down as chief executive of Under Armour in January after more than 20 years at the company he founded.
As the CEO of Under...
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Under Armour's longtime CEO is stepping down: How the company went from a new hotshot sportswear company taking on Nike to having a wholly uncertain future

Under Armour's longtime CEO is stepping down: How the company went from a new hotshot sportswear company taking on Nike to having a wholly uncertain future

9 monthes ago   |   By Business Insider

Under Armour , still a leading athletic-wear seller, has fallen into a bit of a rut.
On Tuesday , the company's founder, Kevin Plank, stepped down from his role as CEO after 23 years. Plank will be replaced by COO Patrik Frisk.
The brand has struggled in recent years. In its most recent earnings results , the company missed revenue forecasts and said it expects sales to decline in North America throughout 2019.
It has had massive problems in the past, including $1.3 billion in leftover merchandise in 2018, shrinking popularity among teens , and a scandal involving executives going to strip...
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Under Armour founder, CEO Kevin Plank is stepping down

Under Armour founder, CEO Kevin Plank is stepping down

9 monthes ago   |   By New York Post

Under Armour said on Tuesday its founder and long-time Chief Executive Officer Kevin Plank will step down from the role next year and be succeeded by Chief Operating Officer Patrik Frisk. Plank, who will relinquish the role at the beginning of 2020, has been chief executive since 1996. Frisk, 56, joined the company in July...
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Under Armour founder Kevin Plank is stepping down as CEO

Under Armour founder Kevin Plank is stepping down as CEO

9 monthes ago   |   By ABC

Under Armour is making changes at the top as it continues to struggle against its rivals.
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Under Armour climbs after founder Kevin Plank steps down as CEO

Under Armour climbs after founder Kevin Plank steps down as CEO

9 monthes ago   |   By Business Insider

Under Armour announced Tuesday that CEO Kevin Plank will step down. Current chief operating officer Patrik Frisk will replace him in the top spot on January 1, 2020 .
Shares of Under Armour gained as much as 3% on the news.
The leadership change comes during a time when the company is trying to reinvent itself as a leading sportswear brand.
Watch Under Armour trade live on Markets Insider .
There will soon be a new leader at Under Armour. After 23 years leading the company he founded in his grandmother's basement , CEO Kevin Plank is stepping down .
Shares of the sportswear company gained...
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Kevin Plank is stepping down as CEO of Under Armour

Kevin Plank is stepping down as CEO of Under Armour

9 monthes ago   |   By Business Insider

Under Armour's Kevin Plank is stepping down as CEO of the business.
Plank, who founded the company in 1996, will become executive chairman and brand chief.
Patrik Frisk has been named at the replacement CEO effective 1 January 2020.
Visit BusinessInsider.com for more stories .
Under Armour's founder Kevin Plank is stepping down from his role as CEO of the company after 23 years.
Plank will take on the roles of executive chairman and brand chief at Under Armour. His duties as CEO will be taken up by Patrik Frisk, currently president and chief operating officer of the company. Frisk will...
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Kevin Plank to step down as CEO at Under Armour

Kevin Plank to step down as CEO at Under Armour

9 monthes ago   |   By WBALTV

Under Armour founder Kevin Plank to relinquish CEO position, Patrik Frisk, chief operating officer, to take the job.
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Under Armour's Kevin Plank Is Stepping Down As CEO

Under Armour's Kevin Plank Is Stepping Down As CEO

9 monthes ago   |   By Fortune

Under Armour founder and Chief Executive Kevin Plank will step down from the sports apparel company's top role in January, handing over the reins to its president, Patrik Frisk , at a time when the company is struggling to right its key North American business.
Plank founded Under Armour in 1996 in Baltimore. Its first product, a sweat-wicking shirt for football players he made in his grandmother's basement, became the cornerstone of what's now a $5-billion-a-year business. He will stay on as executive chairman and brand chief after the change goes into effect on New Year's Day.
As brand...
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