Lululemon appoints new President and COO; two senior executives departing

Lululemon is replacing its Chief Brand and Product Activation Officer and Chief Supply Chain Officer with a newly created President and Chief Product Officer (Maggie Gauger from Athleta) and newly created Chief Operating Officer (Joseph Godsey from Walmart Canada). The departing executives held significant operational and brand roles, while the replacements bring enterprise-scale retail and supply chain experience, representing a material restructuring of the C-suite that could signal strategic shifts in product and operations.

Lululemon hired two senior executives from major retail companies to create new leadership roles, while firing two current executives. This reshuffles the company's product and operations strategy.