Tag: independent directors
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Chip Wilson Launches Proxy Fight for Lululemon Board Changes After CEO Exit
Background: A Push for Change at Lululemon In a move that underscores ongoing tensions around leadership and strategic direction, Chip Wilson—founder of Lululemon Athletica—announced a formal proxy fight to influence the company’s board. The bid, which aims to nominate three independent directors, arrives amid a period of leadership transition for Lululemon, following the announced departure…
