Speed Reads


Under Armour CEO Kevin Plank resigns from Trump's manufacturing council

Under Armour founder and CEO Kevin Plank announced on Twitter Monday night he is stepping down from President Trump's American Manufacturing Council to "focus on inspiring and uniting through power of sport."

Plank said he joined the council because he loves his country and believed "it was important for Under Armour to have a seat at the table and represent our industry," but his company "engages in innovation and sports, not politics." Earlier Monday, Merck CEO Kenneth Frazier resigned from the council following Trump's failure to single out white supremacists following the deadly white nationalist rally Saturday in Charlottesville, Virginia, saying it was his "responsibility to take a stand against intolerance and extremism." Plank didn't specifically say anything about racism, but did say sports promote "unity, diversity, and inclusion."