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lululemon Names Laurent Potdevin as CEO

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lululemon athletica (NASDAQ: LULU) today announced that its Board of
Directors has appointed Laurent Potdevin as the company's Chief
Executive Officer and a member of its Board of Directors. Mr. Potdevin
will succeed Christine Day, who has served as the company's CEO since
2008 and who announced her intention to resign in June 2013. Mr.
Potdevin is expected to step into his role as Chief Executive Officer in
January 2014, and will become a director when he assumes his duties as
CEO. Ms. Day is expected to remain with lululemon through the end of the
company's fiscal year, ensuring a smooth transition.

In addition, Chip Wilson, lululemon's founder and the Chairman of its
Board of Directors, informed the Board of

See full press release

Posted-In: News Guidance Financing Contracts Management Global

 

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