Kevin Plank

Under Armour Restructuring Includes Layoffs & Less Product and Discounting

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Kevin Plank is back and he’s not happy. In his first earnings call since returning to Under Armour as its chief executive officer, Plank laid out a significant restructuring plan that will include an unspecified number of layoffs, a 25 percent reduction in product, a renewed focus on its historic strength in menswear, substantially less … Read more

Stephanie Linnartz Out as Under Armour CEO, Kevin Plank Back on Top

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The Stephanie Linnartz era at Under Armour has come to an abrupt end and Kevin Plank is back in the driver’s seat. On Wednesday after the stock market closed, the Baltimore-based sports brand said that Linnartz would be stepping down as president, chief executive officer and a member of the board and will be succeeded … Read more