Lululemon’s CEO is stepping down

Lululemon store
Lululemon's CEO is stepping down in January.

Calvin McDonald, CEO of Lululemon, is stepping down from that role at the end of January, the company announced Thursday.

McDonald is also stepping down from the board of directors and will serve as an advisor to the company through March.

Lululemon's board is conducting a "comprehensive search process" for its next CEO, the company said.

This story is breaking. Check back for updates.

Read the original article on Business Insider

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