Calvin McDonald news and archive

Lululemon CEO Calvin McDonald to step down amid U.S. challenges

Lululemon Athletica simultaneously announced its third quarter fiscal 2025 financial results and a major leadership transition, confirming that Calvin McDonald plans to step down as chief executive officer and a member of the board of directors, effective January 31, 2026. The board has commenced a comprehensive search for a new CEO. The...

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Lululemon CEO Calvin McDonald joins The Walt Disney board

Lululemon CEO Calvin McDonald has been elected to The Walt Disney Company board of directors. McDonald has been leading the athleisure brand since August 2018 and is also a member of Lululemon’s board of directors. Previously, McDonald served as president and CEO of Americas for Sephora, within the LVMH family of global luxury brands. Robert A....

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Lululemon promotes Meghan Frank to CFO

Sportswear apparel brand Lululemon has announced the promotion of Meghan Frank as the new chief financial officer (CFO), effective November 23. She is the company’s first female CFO. In this role, Frank will be responsible for the company’s asset protection, its facilities, finance, investor relations, operations excellence, strategy functions,...