VANCOUVER, British Columbia--(BUSINESS WIRE)--
lululemon athletica inc. (NASDAQ:LULU) today announced that Chief
Financial Officer John Currie has notified the company of his intent to
retire by the end of the fiscal year. lululemon will engage a leading
executive search firm to initiate an open and comprehensive search for
Mr. Currie’s replacement to allow for a smooth transition.
Laurent Potdevin, CEO, stated, "On behalf of everyone at lululemon, I
want to thank John for his significant contributions to the success of
lululemon since he joined the company in 2007. He played an integral
role in taking lululemon public more than seven years ago and his role
in shaping the direction and performance of the company since then has
been vast. We look forward to working with John through the transition,
and we wish him well as he takes full advantage of his retirement
enjoying his new boat and getting in lots of powder days on the slopes."
Mr. Currie commented, "I am honored to have been a part of such an
incredibly talented and dedicated team for the last seven years, and
extremely proud of what lululemon has accomplished during that time. We
are a very goal oriented company and it has long been part of my goals
to expand my involvement in serving on corporate and non-profit boards
and the flexibility of retirement will also allow me to take full
advantage of the west coast lifestyle that I so enjoy on the water and
on the slopes."
About lululemon athletica inc.
lululemon athletica (NASDAQ:LULU) is a yoga-inspired athletic apparel
company that creates components for people to live long, healthy and fun
lives. By producing products that help keep people active and stress
free, lululemon believes that the world will be a better place. Setting
the bar in technical fabrics and functional designs, lululemon works
with yogis and athletes in local communities for continuous research and
product feedback. For more information, visit www.lululemon.com.
ICR, Inc.
Investors:
Joseph Teklits/Jean Fontana,
203-682-8200
or
Media:
Alecia Pulman, 203-682-8224
Source: lululemon athletica inc.