Founder and executive chairman of Under Armour, Kevin Plank, has said the sports brand is on course to announce a new chief executive before the end of this year.

Mr Plank was Under Armour’s chief executive until early 2020 when he stepped aside to allow Patrik Frisk to lead the company. However, Mr Frisk left in June 2022. The company’s chief operating officer, Colin Browne, has served as interim chief executive since then.

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