leadership
confidence high
sentiment neutral
materiality 0.35
Lululemon appoints former Levi Strauss CEO Chip Bergh to board; director Mussafer to retire
lululemon athletica inc.
- Chip Bergh appointed effective March 17, 2026; board expands to 10 members.
- Bergh served as Levi Strauss CEO (2011-2024) and 28 years at P&G.
- Bergh will serve on Corporate Responsibility, Sustainability, and Governance Committee and People, Culture, and Compensation Committee.
- David Mussafer to retire at 2026 annual meeting; not due to any disagreement with the company.
- Board added five new independent directors in the last five years as part of ongoing refreshment.