00:00It's Benzinga bringing Wall Street to Main Street.
00:02Lululemon shares fell in after hours trading on Wednesday after the company announced a CEO
00:08transition, according to Benzinga. The board selected Heidi O'Neill as the next CEO,
00:14effective September 8, 2026, following a comprehensive search. O'Neill spent 25 years
00:21at Nike in roles focused on product design, brand strategy, marketing, digital commerce,
00:26and global market operations. Executive chair Marty Morfitt said the board chose O'Neill for
00:32her experience and ability to drive growth. Megan Frank and Andre Maestrini will continue as
00:37interim co-CEOs until September. Lululemon said O'Neill will focus on product innovation,
00:43brand relevance, and global growth. Shares were down by 7.60% at $154.03 in Thursday's pre-market
00:51trading, according to data from Benzinga Pro.
00:53For all things money, visit Benzinga.com.
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