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Article Date: April 2017
Word Count: 159

Under Armour CEO Takes Pay Cut in 2016

Total compensation declined to $2,033,578 in 2016 from $2,434,209 the year before and a high of $3,556,190 in 2014. Plank’s salary is a modest $26,000 annually but in each of the last two years, he has received $2,000,000 in option awards. The major difference this year was that he was not awarded $400,000 from a non-equity incentive plan. However, the proxy statement also indicates that, based on the revised business plan of the company for 2017, it does not ... Log in to view full article.


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