Kevin Plank
Overview
- Source of Wealth
- Under Armour
- Industry
- Fashion & Retail
- Residence
- Lutherville-Timonium, Maryland
- Organization
- Chairman and CEO at Under Armour
- Education
- Robert H. Smith School of Business (Master of Business Administration)University of Maryland (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 2
Assets
- Under Armour34,450,000 shares @ $6.47$222,891,500UAA-US
- Under Armour, Class C434,000 shares @ $6.32$2,742,880UA-US
- Under Armour, Class C115,000 shares @ $6.32$726,800UA-US
- Under Armour, Class C16,878,000 shares @ $6.32$106,668,960UA-US
- Under Armour, Class C76,000 shares @ $6.32$480,320UA-US
- Under Armour, Class C111,000 shares @ $6.32$701,520UA-US
- Under Armour, Class C111,000 shares @ $6.32$701,520UA-US
- Under Armour, Class C245,000 shares @ $6.32$1,548,400UA-US
Biography
Under Armour founder Kevin Plank built the popular sportswear brand as the underdog competitor to Nike.
Noticing his football teammates' sweat-soaked shirts, Plank came up with a lightweight, sweat-wicking shirt using fabrics from women's undergarments.
In the mid-1990s he sold his first shirts from his grandmother's basement, exaggerating to early customers to make the company sound bigger.
Plank, who stepped down as Under Armour's CEO in 2019 but returned to the role in 2024, took the company public in 2005.
About
Plank got kicked out of his high school after an alcohol-fueled brawl with Georgetown U football players; he later walked onto the U. of Maryland's football team.
Plank served on President Trump's manufacturing council but resigned in 2017 after the president lightly criticized neo-Nazi protestors in Charlottesville, Virginia.