Home Business Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair

Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair

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Kevin Plank, now former CEO of Under Armour, during a CNBC interview on Mad Money on Feb. 28th, 2018.

Scott Mlyn | CNBC

Under Armour founder Kevin Plank will return as CEO more than four years after leaving the post, the athletic apparel retailer said Wednesday.

Plank will take over effective April 1 and will succeed Stephanie Linnartz, who will stay on with the company as an advisor through the end of April.

Plank, currently chair of the company’s board, will remain a director but will hand over the chair position to Mohamed El-Erian.

This is breaking news. Please check back for updates.

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