Business

Lululemon Board Nomination

Updated 2026-05-27 12:05 UTC 1 source Neutral

Lululemon has settled a proxy battle with founder Chip Wilson by agreeing to two board nominees. The company has been in conflict since December over its strategic vision.

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CNBC

Lululemon settles proxy battle with founder Chip Wilson, agrees to two board nominees

Lululemon has been battling with founder Chip Wilson since December, as he says the company has lost its strategic vision and needs a new board of directors.

2026-05-27 11:52 UTC