CEO Kevin Plank is forfeiting millions of dollars in compensation following Under Armour Inc.’s toughest year as a public company. Plank’s total compensation remained essentially unchanged from the prior year, totaling $2.03 million. He forfeited $2 million of performance equity awards as a result of the Baltimore sportswear maker’s struggles to meet financial goals in 2017, according to a filing on Wednesday with the U.S. Securities and Exchange Commission. Other executives also lost equity awards. During…
from https://www.bizjournals.com/baltimore/news/2018/03/28/plank-other-under-armour-execs-forfeit-some-pay.html?ana=RSS&s=article_search
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