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Kevin Plank
Kevin Plank ranked No. 577 on Forbes billionaire list. (The Daily Record/Maximilian Franz)

Under Armour investors approve new shares as Plank keeps control

Under Armour Inc. investors approved the creation of a new class of shares that don’t have voting rights, which will maintain founder and Chief Executive Officer Kevin Plank’s control of the sporting-goods maker. The vote was a formality because Plank controls 67 percent of the voting rights thanks to his ownership of Class B shares, which ...

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