{"id":40618,"date":"2025-12-12T04:21:27","date_gmt":"2025-12-12T04:21:27","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/lululemon-ceo-calvin-mcdonald-is-stepping-down\/"},"modified":"2025-12-12T04:21:27","modified_gmt":"2025-12-12T04:21:27","slug":"lululemon-ceo-calvin-mcdonald-is-stepping-down","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/lululemon-ceo-calvin-mcdonald-is-stepping-down\/","title":{"rendered":"Lululemon CEO Calvin McDonald is stepping down"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/693b42b404eda4732f2d678a?format=jpeg\" alt=\"Calvin McDonald in front of a black backdrop with the Lululemon logo in white.\"\/><figcaption>Calvin McDonald is stepping down as Lululemon CEO.<\/p>\n<p>Max Cisotti\/Dave Benett\/Getty Images for lululemon<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Lululemon CEO Calvin McDonald will step down at the end of January, the company said.<\/li>\n<li>The board is launching a comprehensive search for Lululemon&#039;s next CEO.<\/li>\n<li>Lululemon&#039;s stock spiked after the announcement and an earnings beat.<\/li>\n<\/ul>\n<p>Calvin McDonald, CEO of Lululemon, is stepping down from that role at the end of January, the company announced Thursday.<\/p>\n<p>McDonald is also stepping down from the board of directors and will serve as an advisor to the company through March.<\/p>\n<p>Lululemon&#039;s board is conducting a &quot;comprehensive search process&quot; for its next CEO, the company said.<\/p>\n<p>Lululemon&#039;s stock spiked in after-hours trading following an earnings beat and the announcement about its CEO. The company&#039;s third-quarter results, posted Thursday, surpassed Wall Street expectations, including a reported revenue of $2.57 billion.<\/p>\n<p>Marti Morfitt, the board chair, will immediately take on the role of executive chair to &quot;to ensure the continued execution of the company&#039;s near- and long-term growth strategy during the leadership transition,&quot; the company said.<\/p>\n<p>Lululemon CFO Meghan Frank and CCO Andr\u00e9 Maestrini will be interim co-CEOs after McDonald steps down.<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calvin McDonald is stepping down as Lululemon CEO. Max Cisotti\/Dave Benett\/Getty Images for lululemon Lululemon CEO Calvin McDonald will step down at the end of January, the company said. The board is launching a comprehensive search for Lululemon&#039;s next CEO. Lululemon&#039;s stock spiked after the announcement and an earnings beat. Calvin McDonald, CEO of Lululemon, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40619,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-40618","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/40618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=40618"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/40618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/40619"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=40618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=40618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=40618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}