Lululemon Athletica Inc

LULU: XNAS (USA)
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Lululemon: New CEO Brings Significant Relevant Sportswear Experience; Shares Very Undervalued

Lululemon named former Nike executive Heidi O'Neill as its new CEO. Meghan Frank and André Maestrini have led the firm on an interim basis since Calvin McDonald departed at the end of January. O'Neill will officially join Lululemon when her non-compete agreement with Nike expires in September.

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