Businessman Kevin Plank has built a successful and world-famous sportswear empire and is also notable for his work as an investor and philanthropist. He is the founder, CEO and Chairman of the legendary sportswear and footwear label Under Armour, runs his own investment firm known as Plank Industries and donates regularly to charitable causes. Kevin Plank is also a proud alumnus of the University of Maryland. The university has been the recipient of many donations over the year as he credits much of his success to the experiences that he had while attending the school. It was during his time studying at the university and playing for the football team that he was inspired with the idea behind Under Armour.
During his time playing football at Maryland, Kevin Plank constantly dealt with the problem of sweating through his t-shirts. This inspired him to work toward the creation of a t-shirt that could keep an athlete cool and dry in the heart of a rigorous workout or during athletic competition. It was from this idea that Under Armour was born. Watch CNBC’s exclusive interview with Under Armour CEO Kevin Plank.
Plank Industries is another major business venture that Kevin Plank has become well-known for. Kevin has built Plank Industries into a distinguished investment firm with a richly diversified portfolio. Some of the firm’s major areas of investment include the hospitality sector and commercial real estate.
Over the years since his graduation, Kevin Plank has continued a strong relationship with the University of Maryland. He is a proud alumnus of the school and has made generous donations over the years. His recent donation of $25 million was put toward a new athletic complex. The money also went toward academic research at the school. Giving back to the school is one of the ways that Kevin Plank says thank you for the important lessons that he learned there.
To Learn More, visit https://www.crunchbase.com/person/kevin-plank