Lululemon CEO joins the ranks of departing retail executives after tumultuous year
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Lululemon CEO joins the ranks of departing retail executives after tumultuous yearListen(3 min)Listen(3 min)Investors cheered the departure of Lululemon Athletica’s chief executive, with the athleisure-apparel maker’s stock surging toward a three-month high in early Friday trading.Lululemon LULU said late-Thursday that CEO Calvin McDonald plans to step down on Jan. 31, after more than seven years in the role. McDonald and the board are working on a “smooth” transition, with the executive serving as a senior adviser to the company through March 31. About the AuthorClaudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter @ClaudiaAssisMW.Copyright © 2025 MarketWatch, Inc. All rights reserved.