Lululemon Announces Departure Of Chief Operating Officer
lululemon athletica inc. (NASDAQ:LULU) today announced that Stuart Haselden, Chief Operating Officer and EVP, International, will leave the company, effective January 10, 2020, in order to assume a leadership position outside of the apparel industry. Mr. Haselden joined lululemon in 2015 as Chief Financial Officer and was one of three leaders who guided the company during its CEO search last year.
“We’re grateful for Stuart’s leadership and commitment to lululemon, and we appreciate the role he played to build our infrastructure and support our international growth. He’s helped us develop senior leaders across the organization who are ready and able to take on additional responsibilities. We wish Stuart well as he begins his next chapter,” said Calvin McDonald, Chief Executive Officer of lululemon.
The company announced that Chief Technology Officer, Julie Averill and Chief Supply Chain Officer, Ted Dagnese will join the company’s Senior Leadership Team, reporting to Mr. McDonald effective immediately.
In support of its long-term growth strategy to quadruple its international business by 2023, the company has begun an external search for the position of EVP, International. While the search is underway, the company’s established leaders in APAC and EMEA will report to Mr. McDonald and Celeste Burgoyne, EVP of Americas and Global Guest Innovation, respectively.
Mr. McDonald added, “We’re excited about the momentum in our business as we deliver on our goals and focus on our growth strategies. We look forward to providing details about our third quarter performance during our upcoming earnings call.”
The company reports third quarter earnings results on Wednesday, December 11, and will hold a conference call with investors at 4:30 p.m. ET.
About lululemon athletica inc.
lululemon athletica inc. (NASDAQ:LULU) is a healthy lifestyle inspired athletic apparel company for yoga, running, training, and most other sweaty pursuits, creating transformational products and experiences which enable people to live a life they love. Setting the bar in technical fabrics and functional designs, lululemon works with yogis and athletes in local communities for continuous research and product feedback. For more information, visit WWW.LULULEMON.COM.