Lululemon is losing another senior executive just as it prepares to hand the top job to a new chief executive, the latest sign of churn in a company retooling its leadership.
The board’s task is to project stability into a handover that now carries one more personnel question than it did a month ago.
Coming ahead of the CEO transition, the exit deepens the uncertainty facing the incoming executive, who must rebuild a senior team already in motion.
Until the incoming chief names a full team, the market will read each departure as a provisional signal about the strategy taking shape.
The departure follows a stretch of high-level turnover that has accompanied the brand’s effort to steady its product direction and win back growth.
Lululemon has spent recent quarters defending its position against a crowd of more aggressive athleisure rivals while trying to shore up its core assortment.
