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Baltimore Peninsula: Was Kevin Plank ‘overly optimistic’?
The departure of Kevin Plank from new development at Baltimore Peninsula left stakeholders split on whether the complex can still realize his vision.
Under Armour CEO stepping down with $6.9M separation agreement
Patrik Frisk, who took over as CEO and president of Under Armour in 2020 and led the Baltimore company as it navigated through the turbulence of a global pandemic, is […]
Plank begins planned sale of 5 million Under Armour shares
Under Armour Executive Chairman Kevin Plank has sold about 824,000 shares of his Baltimore-based company’s Class C shares as part of a pre-arranged stock trading plan that will ultimately see […]
Under Armour cuts revenue forecast, faces federal investigation
Following the revelation over the weekend that the federal government is investigating its accounting practices, Under Armour reported Monday that third-quarter revenues dropped 1% and said that it expects revenues […]
Under Armour’s Plank quits Trump’s advisory council
Under Armour founder and CEO Kevin Plank announced Monday night that he was quitting a White House manufacturing advisory panel, a step that came after President Donald Trump came under […]
Amid growth slowdown, Under Armour announces restructuring
For years, Under Armour was the company that grew. Wall Street analysts and shareholders celebrated the company’s exponential growth in quasi-religious terms. But over the last year, that growth has […]
Change at Under Armour: Plank still CEO, will step back as president
Under Armour Tuesday named Patrik Frisk as president and chief operating officer, providing founder Kevin Plank with a partner at a time when the Baltimore-based athletic apparel company has hit […]
Plank denounces Trump’s withdrawal from Paris climate accord
Under Armour CEO Kevin Plank spoke out against President Donald Trump’s decision to exit the Paris climate accord Friday, but he was silent on whether he would continue to serve on […]
Under Armour in unfamiliar territory after posting 1Q loss
Growth has slowed for Under Armour in the face of aggressive competition from those two established brands alongside weak demand for its shoes.
Plank says Under Armour opposes Trump’s travel ban as analyst cuts target price
After a week of backlash from shoppers and his company’s most high-profile endorsees, Under Armour CEO Kevin Plank clarified his remarks about President Trump and his company’s commitment to equality […]
Analyst cuts Under Armour price target, citing Plank’s Trump praise
Under Armour Inc.’s chief executive officer made a mistake praising President Donald Trump, and the move could take a toll on the athletic brand’s reputation and stock price, according to […]
Md. CEOs Plank, Hewson in meeting with Trump
Two Maryland companies were part of a breakfast meeting with President Donald Trump Monday morning, where the president said he would impose a “substantial border tax” on companies that move […]
