Chip Wilson Says LULU Board is Stonewalling
In a public letter updating the progress of his discussions with Lululemon’s board of directors, company founder and former CEO Chip Wilson said the response so far has been “weak and insufficient.” At the end of Dec., Wilson put forward former On Running co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile, and former Activision CEO Eric Hirshberg as director candidates. LULU’s board took 70 days to address the proposed changes, Wilson said, and only indicated openness ... Log in to view full article.