Under Armour is placing a $25 million bet on Kevin Plank. The Baltimore company’s CEO has four years to double Under Armour’s stock price, and if he can do that, he will earn more than $25 million in stock compensation. Plank, who recently returned to the company’s top job, had his new compensation plan outlined in a Securities and Exchange Commission filing that details the company’s financial aspirations.
Under Armour bets $25M on Kevin Plank to boost stock price
June 11, 2024
