Lululemon Athletica Inc. has named fashion and sportswear veteran Laurent Potdevin as its new CEO and announced the exit of its controversial founder from his non-executive chairman role as the yoga retailer closes a chapter on its toughest year to date.
Lululemon Athletica founder and chairman Chip Wilson resigns. 12/10/2013 08:41 AM The Canadian Press. Share. A sign is displayed on a Lululemon Athletica Inc. store on March 19, 2013 in Pasadena, California. GETTY IMAGES/Kevork Djansezian.
Lululemon Athletica Inc's incoming chief executive, Laurent Potdevin, will be paid a base salary of $900,000 as well as signing and retention bonuses, the upscale yogawear retailer said in a regulatory filing made public on Wednesday.
TORONTO, Cananda - The board of directors of Lululemon Athletica Inc. says it has appointed Laurent Potdevin as the new CEO to succeed Christine Day, who was CEO since 2008 and announced her intention to resign in June.