Lululemon names former Nike executive O’Neill its next CEO

Lululemon Athletica Inc. named Heidi O’Neill its new chief executive officer on Wednesday as the athletic retailer looks to move beyond a turbulent period of slowing growth and investor unrest.

O’Neill, who was most recently Nike Inc.’s president of consumer, product and brand, will take over as permanent CEO on September 8, the company said in a statement. Calvin McDonald, who had led Lululemon since 2018, left his post in January and went on to lead a beauty........

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