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Under Armour Revamps Leadership and Incentive Strategy
Company Announcements

Under Armour Revamps Leadership and Incentive Strategy

The latest update is out from Under Armour (UA).

Under Armour has appointed Kevin A. Plank as President and CEO with a bold compensation package for 2025, heavily reliant on the company’s stock performance. Plank’s potential earnings are chiefly in stock options, with over 80% tied to the Class C Stock price hitting $13 within four years—a significant leap from its current $6.78. His package includes a base salary increase to $900,000 and stock awards that vest over time or upon meeting specific price targets, incentivizing his commitment to the company’s growth and stockholder value.

For detailed information about UA stock, go to TipRanks’ Stock Analysis page.

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