NEW YORK (AP) — The founder of Lululemon is stepping down aschairman after raising some ire with
comments his about potentialbuyers of the retailer’s yoga gear.Chip Wilson said in a recent television
interview that some women’s bodies "just don’t actually work" for Lululemon pants.TheCanadian
company named lead director Michael Casey as chairman. Wilsonwill resign before the company’s annual meeting
in June.LululemonAthletica Inc. also said Tuesday that it is appointing Laurent Potdevinas its next CEO. He
succeeds Christine Day, who announced in June thatshe planned to resign.Potdevin is expected to become CEO
in January. He will also become a board member at that time.Day is anticipated to stay with Lululemon
through the end of its fiscal year to help with the transition process.Copyright 2013 The Associated Press.
All rightsreserved. This material may not be published, broadcast, rewritten orredistributed.NEW YORK (AP) —
The founder of Lululemon is stepping down aschairman after raising some ire with comments his about
potentialbuyers of the retailer’s yoga gear.Chip Wilson said in a recent television interview that some
women’s bodies "just don’t actually work" for Lululemon pants.TheCanadian company named lead
director Michael Casey as chairman. Wilsonwill resign before the company’s annual meeting in
June.LululemonAthletica Inc. also said Tuesday that it is appointing Laurent Potdevinas its next CEO. He
succeeds Christine Day, who announced in June thatshe planned to resign.Potdevin is expected to become CEO
in January. He will also become a board member at that time.Day is anticipated to stay with Lululemon
through the end of its fiscal year to help with the transition process.Copyright 2013 The Associated Press.
All rightsreserved. This material may not be published, broadcast, rewritten orredistributed.