Lululemon Founder Intensifies Board Battle, Cites Weak Governance, Strategic Drift
Core Viewpoint - Chip Wilson, the founder of lululemon athletica, is intensifying his campaign against the company, criticizing the board for weak governance and slow engagement while advocating for significant changes [1] Group 1 - Chip Wilson is pushing for sweeping changes within lululemon athletica [1] - The founder accuses the board of the company of having weak governance [1] - There is a concern regarding the board's slow engagement in addressing issues [1]