Lululemon Athletica (Nasdaq: LULU) has appointed Chip Bergh , former President and CEO of Levi Strauss & Co.
, to its Board of Directors effective March 17, 2026 , as the company works through a period of simultaneous leadership challenges, including a CEO vacancy, a founder led proxy battle, and a product overhaul aimed at reviving full price selling.
to demonstrate governance progress. Who Is Chip Bergh and Why He Was Chosen Bergh is widely credited with transforming Levi Strauss & Co.
from a declining heritage brand into a $6 billion global powerhouse during his tenure, repositioning it through a combination of product focus, direct to consumer investment, and brand storytelling. For Lululemon , a brand that has seen its U.S.
comparable sales stall and its stock trade significantly below recent highs, that track record carries real weight. Bergh will serve as a Class I director and sit on the Corporate Responsibility, Sustainability, and Governance Committee and the People, Culture, and Compensation Committee.
He replaces David Mussafer , the longtime lead director and managing partner of Advent International , who announced he will not stand for re election at the conclusion of his current term…
