lululemon(US:LULU) Xin Lang Cai Jing·2025-12-29 20:52Core Viewpoint - Lululemon is experiencing a rare power struggle as founder Chip Wilson pushes for a board overhaul before the selection of a new CEO, citing failures in board oversight and lack of a clear succession plan [1][2]. Group 1: Management Changes - Chip Wilson, a major shareholder, has nominated three candidates for the board ahead of the 2026 annual meeting: Marc Maurer, Laura Gentile, and Eric Hirshberg [1][2]. - Wilson criticized the recent CEO transition announcement as the third significant failure of the board's oversight function, emphasizing the absence of members with substantial product experience [2]. Group 2: Shareholder Concerns - Shareholders are reportedly skeptical about the current board's ability to select and support the next CEO without members who possess richer product experience [2].