Lululemon gives a High Profile Upgrade to its Corporate Governing Board "Chip Bergh" is Newly Appointed Board of Director

(Source: Lake Nona Impact Forum, Instagram)

Lululemon Appoints Chip Bergh As New Board of Directors Replacing David Mussafer

Lululemon Athletica Inc. (Mar 17. 2026) (Vancouver, British Columbia) (NASDAQ:LULU): Lululemon has shared a big change in the Board of Directors at the firm as Chip Bergh former President and CEO Levis Strauss & Senior Lecturer of Business Administration at Harvard Business School has now joined the firm as Independent Director. Chip Bergh addition was in light to replace the David Mussafer who has left the firm after his three year term. Chip will be standing election in lululemon at the 2026 Annual Meeting of Shareholders, This year. 

Chip Bergh, San Francisco Business Times (Source: San Francisco Business Times, Instagram)

Martha (Morti) Morfitt (Executive Chair of Board, Lululemon Atheletica Inc.) shared his remarks during this oppotunity as, "Chip Bergh is an industry leader with a proven record of guiding successful transformations, overseeing the growth of some of the world's most iconic brands, and driving value creation at global, category-defining companies. We are confident the Board will benefit from his extensive brand and retail expertise as we continue to build on lululemon's strong foundation and deliver innovative products and experiences for guests.

Morfitt continued and goes on to say, "On behalf of the Board, I want to thank David for his many contributions to lululemon. Since first joining the Board in 2005, David has served in numerous roles, including Co-Chairman from 2014 to 2017. His perspectives have helped us grow sales, extend the brand's global reach, and position the company and the Board for the future, and we are grateful for his dedicated service. Chip Bergh's appointment is the result of a process that began with our last Board skills assessment, and reflects our commitment to thoughtful, ongoing refreshment. We remain focused on progressing the search for lululemon's next CEO, overseeing the development and execution of the company's plans, and taking steps to drive long-term, sustainable growth and shareholder value creation.

(Source: Press Release Lululemon Athletica Inc.)

Chip Bergh, Economic Club of Chicago (Source: The Economic Club of Chicago, Instagram)

Chip Bergh during this annoucement has reflected as, "lululemon has built one of the most distinctive brands in the athletic and lifestyle sector, grounded in innovation, design, technical expertise, and deep connections with its guests on a local level around the world, I am honored to join the Board at a pivotal time and excited to work with my fellow directors to advance the company's strategic vision."

Lululemon press release suggests that the move to onboard Chip in the Lululemon's Board of Directors is to refresh the board and serve towards its ongoing commitment to its customer, shareholders and partners. 

Click here to read more in lululemon press releaseClick here to read more about Chip Bergh


____________________________________________________________________________

About Lululemon

Lululemon (NASDAQ:LULU) is a technical athletic apparel, footwear, and accessories company for yoga, running, training, and most other activities, creating transformational products and experiences that build meaningful connections, unlocking greater possibility and wellbeing for all. The Firm first set it foot in 1998 after opening its first retail space in Kitsilano, Vancouver, Canada. To the date company has created a huge impact in Canadian Retail Space by partnering with Canadian Olympic Committee, UN FoundationsThis also includes its expansion to Australia, United States, London, Hong Kong, Beijing, Shanghai and EMEA. 

Click here to read more about the Lululemon Athletica incClick here to explore Careers at Lululemon
Click here to read more about the Leadership Team at Lululemon

Comments