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Lululemon Founder Wins Board Seats After Bitter Proxy Fight, CEO Eyes Brand Revamp

Lululemon founder Chip Wilson has secured two board seats, concluding a contentious proxy battle. Following the dispute, the Lululemon CEO is now considering using a 'war chest' to revamp the brand.

27 May, 18:13 — 27 May, 18:17
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Source Diversity

Source Diversity

Low (24/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread1/5 buckets covered0/33
Far L
Left
Center2
Center (2)
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Right
Far R
Geographic diversity2 regions9/34
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Only 2 sources cover this story