leadership
confidence high
sentiment neutral
materiality 0.60
lululemon appoints Andre Maestrini as President & CCO; Celeste Burgoyne departs
lululemon athletica inc.
- Celeste Burgoyne resigns as President, Americas & Global Guest Innovation; effective Dec 31, 2025; leaves for opportunity outside industry.
- Andre Maestrini appointed President and Chief Commercial Officer effective immediately; previously EVP of International.
- Maestrini oversaw lululemon's international expansion, more than quadrupling international revenue since 2021.
- New employment agreement includes $950,000 base salary, annual bonus eligibility, and customary severance.
- Company consolidates global regional leadership under Maestrini, covering all regions, stores, and digital channels.