Kevin Plank, CEO of Under Armour has been soliciting enterprise recommendation from MSNBC anchor Stephanie Ruhle, the Wall Avenue Journal reported Thursday. Underneath Armour workers had been uncomfortable with the connection, based on the newspaper, which additionally stated that Ruhle traveled with Plank and Underneath Armour workers on a non-public jet he leases to the corporate. The Journal cited a variety of unnamed sources, together with what it described as a present and former executive, in addition to “others conversant in the matter.”
The newspaper reported that Plank took Ruhle’s recommendation, fairly than Below Armour administration’s, about natural methods to deal with buyer backlash over a model of basketball star Stephen Curry’s sneakers in 2016. She additionally suggested Plank on the best way to cope with President Donald Trump in 2017, following the article. Plank and different excessive-profile enterprise leaders give up Trump’s manufacturing council that year after Trump did not condemn white nationalists in Charlottesville, Virginia.
Beneath Armour’s board of administrators reviewed emails between the two final yr, and requested Plank in regards to the relationship and “whether or not the firm property has been used,” following the Journal. Plank informed them no substantial funds had been spent. The Journal couldn’t decide whether or not the board took further motion. In an announcement to CNN Enterprise, a spokesperson for Underneath Armour mentioned that “Mr. Plank is fully centered on Underneath Armour and its success.” Kelley McCormick, Below Armour’s senior VP of communications, informed the Journal that Plank and Ruhle “are buddies.”