Under Armour executive J. Scott Plank retires
Brother of founder Kevin Plank is starting a real estate company
Scott Plank has left his job at Under Armour to start a real estate firm. (Baltimore Sun photo by Kenneth K. Lam / November 4, 2011)
- The Armoury
- Athletes with Under Armour endorsements
- Under Armour Harbor East store [Pictures]
- Kevin Plank through the years [Pictures]
- Under Armour Brand House opens in NYC's SoHo district [Pictures]
- Johnny Manziel banners at Under Armour campus [Pictures]
See more photos »
- Under Armour's Kevin Plank on Sagamore Farm [Video]
- Real Estate
- Under Armour Inc.
- Kevin Plank
Scott Plank's Sept. 7 retirement was first reported Friday by the Baltimore Business Journal.
Plank, who served as Under Armour's executive vice president for business development, is starting War Horse LLC to focus on real estate development and community-based philanthropy, Diane Pelkey, an Under Armour spokeswoman, said in an email.
"Scott Plank has made the decision to retire from Under Armour to pursue his passion for building sustainable urban environments," Pelkey said in the email. "We wish Scott much success in his exciting new ventures."
Scott Plank was involved in most aspects of the business since his brother, a former University of Maryland football player, started the firm in 1996 to sell athletic T-shirts designed to wick away perspiration.
Under Armour, which moved from Washington to Baltimore with four employees in 1999, has grown into a $1 billion company that sells sports apparel and footwear around the world.
More recently, Scott Plank steered the company's efforts to double the size of its Locust Point office complex.
Under Armour plans to build an office tower and the city's first Under Armour store, as well as to expand buildings on its waterfront campus, a converted Procter & Gamble factory. The company also seeks to develop athletic fields that could be used to test athletic products and hold sports tournaments.
"We're extraordinarily proud to say we're adding new jobs," Scott Plank told The Baltimore Sun last year. "We're extraordinarily proud to say we're building new buildings."
He could not immediately be reached for comment Monday.