Lululemon founder puts forward board nominees


Troubled retailer: A woman shops inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain. The company’s growth has slowed in recent quarters and that trend is expected to continue. — Reuters

NEW YORK: Lululemon Athletica Inc founder Chip Wilson is pushing for changes to the board before the yoga wear maker selects a new chief executive officer (CEO), highlighting the contentious relationship between the company and one of its biggest shareholders.

Wilson is nominating three director candidates for election at Lululemon’s 2026 annual meeting: former On Holding co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile and former Activision CEO Eric Hirshberg.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia poised to wrap 2025 on a multi-year high
Ringgit opens higher as US$ slips after FOMC minutes
Trading ideas: Genting, Sunview, Apex Healthcare, Cypark, Citaglobal, HeiTech Padu, Insas, Propel Global, Solar District, TT Vision, UEM Sunrise
S&P 500, Nasdaq end down in holiday-thin trade
Coastal Contracts seeks to up capacity in Mexico
Lower input costs a plus for businesses
Sunview unit takes over solar plant for RM70mil
Sasbadi eyes growth via new curriculum tenders
TT Vision bags RM7mil worth of orders
PBoC defies Wall Street

Others Also Read