March 16, 2015
Under Armour CEO Kevin Plank's pay rises 11.5% in 2014
Under Armour Inc. CEO Kevin Plank’s compensation package totaled nearly $3.6 million in 2014, up 11.5 percent from the year before.
The increase comes as Under Armour’s profit rose 28 percent in 2014 and revenue reached $3 billion for the first time.
Plank’s base salary remained at $26,000, the same amount he took home when he started the Baltimore sportswear maker in 1996. In addition to the salary, Plank last year also earned $1.6 million in stock awards and more than $1.9 million in other compensation,…