Tuesday, February 6, 2018

​Lululemon chief quits abruptly over conduct breach; $5M payout owed

Biz Journals

bizjournals.com

Lululemon’s chief executive has abruptly resigned over what the yoga-wear maker described as a breach of its standards of conduct, raising concerns about its management stability.

Laurent Potdevin, who has led Lululemon since 2014, was leaving immediately, the company said, without providing details about the nature of the conduct involved in his departure.. . . more