Source: Cindy Ord / Getty
The founder of Under Armour is stepping down.
Kevin Plank will no longer be CEO at the new year. Instead, he’ll become the company’s executive chairman and brand chief.
President & Chief Operating Officer Patrik Frisk will become the Chief Executive Officer effective January 1, 2020.
The 56-year-old Frisk will report to Plank and will take a seat on the board.
You can read the full press release here.
Source: CBS Baltimore
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Under Armour Founder Stepping Down, New CEO Named was originally published on wolbbaltimore.com
