Wall Street Impact of Kevin Plank's Return to Under Armour's CEO Role

Thursday, 14 March 2024, 18:46

The recent announcement of Kevin Plank returning as CEO of Under Armour has led to a significant market reaction, with shares plunging by 12%. Stephanie Linnartz, who took over as CEO in February 2023, marks the second leadership change at Under Armour in a short span of less than two years.
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Wall Street Impact of Kevin Plank's Return to Under Armour's CEO Role

Wall Street Impact

The return of Kevin Plank as the CEO of Under Armour has generated significant attention on Wall Street. The news caused a sharp plunge of 12% in the company's shares. This move comes after Stephanie Linnartz, a former Marriott executive, briefly held the CEO role at Under Armour since February 2023.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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