Shuffle Board: Lululemon Leader to Depart, CreateMe Bolsters AI Efforts

Leadership Changes - Lululemon's CEO Calvin McDonald will step down as CEO and director on January 31, with Marti Morfitt serving as executive chair and two interim co-CEOs appointed: CFO Meghan Frank and CCO Andre Maestrini [3] - McDonald will receive a severance payment of $3.1 million upon his exit, following a trend of executive departures, including Celeste Burgoyne and Sun Choe [4] Corporate Developments - Ascend Performance Materials has appointed Patrick Schumacher as CEO, succeeding Phil McDivitt, who will remain as a special advisor during the company's financial restructuring and emergence from Chapter 11 [10]