Lululemon CEO Laurent Potdevin Resigns Due To Unspecified "Misconduct"

Zero Hedge | 2/5/2018 | Staff
leeann77 (Posted by) Level 3
In an announcement that stunned the market, Laurent Potdevin has resigned as CEO of Lululemon Athletica and also left the company's board because of "allegations of misconduct" of an unspecified nature, although for a company best known for yoga pants one can make a wild guess...

His resignation is effective immediately.

Potdevin - Company - Departure - CEO - Founder

Potdevin joined the company in 2014 after the departure of former CEO and founder Chip Wilson, who was himself pushed out after a series of embarrassing PR flops including a scandal where the company inadvertently sold see-through yoga pants, according to the Wall Street Journal.

Something strange is going on in the...
(Excerpt) Read more at: Zero Hedge
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