Lululemon Taps Nike Veteran Heidi O’Neill as CEO, Stock Slips After Hours

TL;DR Summary
Lululemon named Heidi O’Neill, a longtime Nike executive, as its next CEO, effective September 8, 2026, with the board approving the move. The announcement sent LULU shares down about 5% in after-hours trading as investors weigh leadership change against a slower growth backdrop and ongoing inventory/competition challenges.
- Lululemon Stock (LULU) Falls after Picking Nike Veteran Heidi O’Neill as Its Next CEO TipRanks
- Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO The New York Times
- Lululemon stock dips after company names former Nike executive as new CEO OregonLive.com
- Lululemon's CEO plan fails to impress analysts (LULU:NASDAQ) Seeking Alpha
- Exclusive | Lululemon Is Picking a Former Nike Executive to Be Its Next CEO WSJ
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