1. Lululemon CEO Laurent Potdevin to Resign, Retailer cites 'Breach of Conduct'

    Lululemon CEO Laurent Potdevin to Resign, Retailer cites 'Breach of Conduct'

    Lululemon Athletica CEO Laurent Potdevin is resigning from the retailer, effective immediately...

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    1. 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.
    2. We believe this trio of leaders will take lululemon from strength to strength.
    3. Although we see Executive Chairman Glenn Murphy as a capable pair of hands in the short term, Lululemon needs a CEO to guide it as it expands overseas and tries to make further gains in its home market.
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