Lululemon CEO to depart after seven years

Lululemon CEO Calvin McDonald is set to depart from the retailer in 2026, after seven years in the role.
McDonald will leave his position as CEO and member of the board of directors on 31 January, the sportswear chain revealed yesterday (11 December). 
He is set to serve as senior advisor to the brand until 31 March 2026.
Lululemon is currently looking for its next chief executive. 
Chief financial officer Meghan Frank and chief commercial officer André Maestrini will work as th