Plank Industries
Investment ManagementMaryland, United States2-10 Employees
Plank Industries is a privately held investment firm with a diversified portfolio spanning commercial real estate, hospitality, food and beverage, venture capital, and thoroughbred horse racing. It is based in Baltimore, Maryland, and functions as the family office for Kevin A. Plank, the founder, chairman, and CEO of Under Armour. Among its notable holdings are Sagamore Spirit and a substantial equity stake in the Port Covington redevelopment project in South Baltimore. The company's mission centers on carrying out the Plank Family's initiatives, supporting growth of its investments, and promoting economic development and opportunity in Baltimore City. In December 2020, Tom Geddes stepped down as CEO and joined the firm as partner, senior adviser and portfolio manager.