Subject: Re: LULU
https://www.cnbc.com/2026/05/2...



1) Lululemon has reached a settlement agreement with founder Chip Wilson that will end the proxy contest he started in December.

2) Under the terms of the agreement, Lululemon will appoint two of Wilson’s board nominees — former On co-CEO Marc Maurer and former ESPN Chief Marketing Officer Laura Gentile.

3) Wilson in exchange will agree to not bad mouth the company for around 18 months.

Point 3 is interesting...

tecmo
...