Under Armour’s CEO walks Plank

Under Armour Chief Executive Kevin Plank — who got rocked last year by reports that he had presided over a frat-house culture at the athletic wear giant — will step down from the role next year.

Plank (inset), who has been chief executive since he founded the company in 1996, will relinquish the helm at the beginning of next year.

He will be succeeded as CEO by Chief Operating Officer Patrik Frisk, who joined Under Armour in July 2017 from his position as chief executive of footwear and accessories firm Aldo Group.

Plank will stay on as executive chairman and brand chief.

Shares of the company closed up 6.9 percent.

Late last year, the Wall Street Journal reported that Plank and other execs for years had taken athletes and co-workers to the Scores strip club down the street from Under Armour’s Baltimore headquarters — with some billing the company for the sleazy outings.

“On some visits, employees charged hundreds of dollars there to the company,” the newspaper reported, citing unnamed sources.

The jiggle-joint jaunts were just one example of a history of hostile behavior toward women at the company under Plank, according to the explosive article.

The article also cited allegations of sexual misconduct by male executives — including Plank’s brother, Scott, who resigned in 2012, according to the Journal — and concerns about women’s pay and promotions.

At the time, Under Armour told The Post that “it’s false to report that Kevin Plank used corporate dollars” at strip clubs, and added that Plank “didn’t conduct business at strip clubs or use company funds at such venues.”