Under Armour’s Kevin Plank Received a 55% Bump in Compensation in Returning to the Role of CEO

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The founder of Under Armour returned to the post in April as Stephanie Linnartz left after just over one year.

received $4.6 million in total compensation for fiscal 2024, up from the $3 million he received in fiscal 2023 when he was executive chairman and brand chief, according to the company’s just-released proxy statement.

, the former Marriott International president who had served as CEO for just over a year. Linnartz, who joined Under Armour in February of 2023, remained with the company as an advisor through April 30.She was also highly compensated for her time at the sports company. According to the proxy, Linnartz’s separation agreement included a payment of $2.

 

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