Kevin Plank stepped down as CEO of Under Armour in 2020.
Plank announced in October 2019 that he would leave the chief executive role, but the change became effective on January 1, 2020. Under Armour’s chief operating officer, Patrik Frisk, succeeded him as CEO. Plank remained closely connected to the company as executive chair and brand chief, preserving his influence over the brand he founded.
Plank had led Under Armour since founding it in 1996. The transition therefore marked the end of his long tenure as CEO, rather than his departure from the company altogether. A common mix-up is to answer 2019 because that was the year he announced the change; the actual succession took place in 2020.
Plank later returned to the CEO position effective April 1, 2024, replacing Stephanie Linnartz. That later development does not change the answer for the original succession question: his first step down as CEO occurred in 2020.