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Board Nominations

All articles tagged with #board nominations

business16 days ago•5 min saved

Lululemon Founder Pushes for Board Shakeup Amidst Leadership Changes

Lululemon founder Chip Wilson is nominating three new board candidates to push for visionary leadership amid declining sales and increased activist investor pressure, as the company seeks to revitalize growth and regain market confidence.

via Bloomberg.com|

#activist-investors #board-nominations #business

business17 days ago•2 min saved

Lululemon Founder Initiates Proxy Fight for Board Reshuffle

Lululemon's founder Chip Wilson is challenging the company's current leadership by nominating new board members, criticizing the company's recent struggles and leadership changes, amid a broader battle for control involving activist investors and rival companies, as the brand faces increased competition and market challenges.

via CNN|

#athleisure-competition #board-nominations #business