Lululemon (LULU) Reaches Settlement With Founder Chip Wilson As Two New Directors Prepare To Join Board

Foreign Policy Journal

Foreign Policy Journal

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May 28, 2026

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Lululemon (LULU) Reaches Settlement With Founder Chip Wilson As Two New Directors Prepare To Join Board

Lululemon (NASDAQ: LULU) has reached a settlement agreement with founder Chip Wilson, who holds approximately 8.7 of the company’s outstanding common stock. The deal establishes a framework for board changes and governance stability as the athletic apparel company heads into the remainder of 2026. Former ESPN chief marketing officer Laura Gentile and former On co-CEO [] The post Lululemon (LULU) Reaches Settlement With Founder Chip Wilson As Two New Directors Prepare To Join Board appeared first on Foreign Policy Journal.

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