In People

Lululemon names CFO as CEO search continues

EXCLUSIVE INTERVIEW with lululemon

Patrick Guido, who goes by PJ, is a veteran of VF Corp. and Home Depot.

SEE ALSO : EXCLUSIVE INTERVIEW with lululemon

Lululemon Athletica Inc. took a step toward filling its executive vacancies, naming a veteran of VF Corp. and Home Depot Inc. as its next chief financial officer.

Patrick Guido, who goes by PJ, will take over at the end of April, Lululemon said on Monday. He will report to Chief Operating Officer Stuart Haselden while the company continues to look for a chief executive officer.

The search for a new leader follows the abrupt departure of former CEO Laurent Potdevin, who left the yogawear maker in February under a cloud of misconduct. His behavior was said to include a relationship with a subordinate.

For now, Chairman Glenn Murphy is running a search for the next CEO while Haselden and two other executives maintain day-to-day operations.

SEE ALSO : lululemon announces financial results

“Our momentum remains strong, and we’re thrilled to have PJ join the team,” Haselden said.

Follow Retail in Asia on Facebook, Twitter and LinkedIn.

Get our top stories delivered to your inbox:

 

Stay ahead
Subscribe for free!
Register now
Stay ahead