By Gus G. Sentementes, The Baltimore Sun
6:46 PM EDT, March 18, 2011
Top executives at Under Armour Inc., the Baltimore-based performance apparel maker, saw a big boost in their compensation last year as the company's revenues and profits sharply climbed, according to an Under Armour statement filed Friday with the Securities and Exchange Commission.
Kevin Plank, the chief executive officer, received $1.3 million in total compensation, up from $748,000 in 2009. Brad Dickerson, the chief financial officer, was paid $585,000, up from $368,000 a year earlier. And the chief operating officer, Wayne A. Marino, earned $4 million — more than half in stock and option awards — compared with $534,000 the previous year.
Under Armour topped $1 billion in revenues for the first time in 2010, while operating income increased 32 percent to $112 million.
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