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Under Armour was founded on September 25, 1996, by Kevin Plank, a then-24 year old former special teams captain of the University of Maryland football team. Plank initially began the business from his grandmother's basement in Washington, D.C. [4] He spent his time traveling along the East Coast with nothing but apparel in the trunk of his car.
Kevin Plank. Kevin Audette Plank (born August 13, 1972) is an American billionaire businessman and philanthropist. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. He served as CEO from its founding until 2020 and will be returning as CEO as of ...
A volleyball branded with the Under Armour logo. Image source: Under Armour. Plank declared that UA's products were made of futuristic-sounding materials like "charged foam", and poured money into ...
Under Armour also announced that, as Plank becomes CEO, Mohamed A. El-Erian, the former PIMCO CEO, will become the non-executive chair of its board.
I initially invested in Under Armour in 2010 for the same reasons that I continue to hold shares today; the company is the dominant athletic apparel brand of the current generation. Whether you ...
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