Listen Live
WOLB Featured Video
CLOSE
Celebrities Visit SiriusXM - January 24, 2019

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

Sign Up For Our Newsletter!

For The Latest News: