Lululemon Names Chip Bergh to Board During CEO Search

Lululemon appointed former Levi's chief Chip Bergh to its board as the search for a new CEO continues. The move comes amid pressure from founder Chip Wilson.

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The appointment of Levi Strauss & Co. veteran Chip Bergh to the board of Lululemon Athletica Inc. has done little to soothe investor anxiety as the search for a permanent chief executive remains unresolved. The company, which recently projected cautious sales and profit figures for 2026, is currently facing a leadership transition alongside a proxy battle initiated by founder Chip Wilson.

A lululemon logo is seen at a retail location in Bicester Village, Oxfordshire, United Kingdom, in August 2024. REUTERS/Hollie Adams
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