{"id":4585,"date":"2026-04-22T23:51:20","date_gmt":"2026-04-22T23:51:20","guid":{"rendered":"https:\/\/stock999.top\/?p=4585"},"modified":"2026-04-22T23:51:20","modified_gmt":"2026-04-22T23:51:20","slug":"lululemon-names-former-nike-executive-oneill-its-next-ceo","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=4585","title":{"rendered":"Lululemon names former Nike executive O\u2019Neill its next CEO"},"content":{"rendered":"

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Lululemon Athletica Inc. named Heidi O\u2019Neill its new chief executive officer on Wednesday as the athletic retailer looks to move beyond a turbulent period of slowing growth and investor unrest.<\/p>\n

O\u2019Neill, who was most recently Nike Inc.\u2019s 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 business.<\/p>\n

Lululemon shares dropped as much as 7% in postmarket trading. The shares had fallen more than 21% so far this year as of Wednesday\u2019s close.\u00a0<\/p>\n

O\u2019Neill arrives with a series of fires to put out. Recent product mishaps, including selling leggings that were see-through, and a disappointing sales outlook, have left investors concerned that the company can pull itself out of a rut. Sales growth has slowed since losing share to trendier competitors.<\/p>\n

Elliott Investment Management has built a stake of more than $1 billion in the company. Jane Nielsen, a former Ralph Lauren Corp. executive, was Elliott\u2019s\u00a0preferred candidate\u00a0for Lululemon\u2019s top job.\u00a0<\/p>\n

Lululemon\u2019s founder, Chip Wilson, who no longer has a formal role with the company but is one of its biggest shareholders, has also publicly criticized the company and pushed for changes on its board.<\/p>\n

While at Nike, O\u2019Neill was considered to be an internal prospect to replace former Chief Executive Officer John Donahoe, Bloomberg Businessweek\u00a0previously reported.<\/p>\n

At the invitation-only Fortune COO Summit, taking place June 1\u20132 in Arizona, COOs from the nation\u2019s largest companies will come together to examine how AI and emerging technologies are reshaping operating models, strengthening resilience, and enabling faster and smarter decision-making. Register now.
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#Lululemon #names #Nike #executive #ONeill #CEO<\/p>\n","protected":false},"excerpt":{"rendered":"

Lululemon Athletica Inc. named Heidi O\u2019Neill its new chief executive officer on Wednesday as the…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[585,960,2830,6072,1530,9644,210,660,9645,2569],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4585"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4585"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4585\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}