Lululemon Athletica inc. CEO Resigns Due to Misconduct

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In its official statement on the matter, Lululemon Athletica inc. says that the resignation of CEO Laurent Potdevin is due to misconduct. “While this was a difficult and considered decision, the Board thanks Laurent for his work in strengthening the company and positioning it for the future,” Glenn Murphy, Lululemon Athletica inc.’s Executive Chairman of the Board, said in a statement. Lululemon Athletica inc.’s Board of Directors says that the search for a new CEO is already underway.
In its official statement on the matter, Lululemon Athletica inc. says that the resignation of CEO Laurent Potdevin is due to misconduct. “While this was a