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

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Source: TipRanks
Lululemon Taps Nike Veteran Heidi O’Neill as CEO, Stock Slips After Hours
Photo: TipRanks
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.

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