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Heidi Oneill

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Lululemon Bets on a Refreshed Board and Heidi O’Neill to Drive Growth
business7 days ago

Lululemon Bets on a Refreshed Board and Heidi O’Neill to Drive Growth

Lululemon filed definitive proxy materials for its June 25, 2026 annual meeting and urged shareholders to vote the WHITE proxy card for three independent director nominees—Chip Bergh, Esi Eggleston Bracey, and Teri List—while opposing Dennis Wilson’s slate. The company outlined a strategic reset under incoming CEO Heidi O’Neill, built around three pillars: product creation, product activation, and enterprise enablement, and highlighted strong 2025 results (revenue $11.1B, $1.8B cash, no debt) and ongoing international expansion. The board emphasizes its refreshed composition and governance expertise to deliver enhanced shareholder value.

Lululemon Taps Nike Veteran Heidi O’Neill to Lead Next Growth Phase
business1 month ago

Lululemon Taps Nike Veteran Heidi O’Neill to Lead Next Growth Phase

Lululemon has named Heidi O’Neill, a Nike veteran who helped scale Nike’s business, as its next CEO, effective Sept. 8, to accelerate product breakthroughs and deepen the brand’s cultural relevance after a period of slower growth. O’Neill will receive a $1.4 million salary, a target bonus of 200%, about $10 million in equity, plus one-time grants and a $2 million retention bonus, while interim co-CEOs Meghan Frank and André Maestrini remain in the short term. The appointment comes as investors weigh how the company can reset growth after missteps and a decline in market value; shares moved lower after the news.

lululemon appoints Heidi O’Neill as next CEO to drive global growth and product innovation
business1 month ago

lululemon appoints Heidi O’Neill as next CEO to drive global growth and product innovation

lululemon’s board unanimously named Heidi O’Neill as the next CEO, effective September 8, 2026, with interim co-CEOs Meghan Frank and André Maestrini stepping down from the role once she joins and resumes their prior positions; O’Neill brings three decades of experience including a long tenure at Nike and board roles with Spotify, Hyatt, and Lithia & Driveway, and will base in Vancouver as she aims to accelerate product breakthroughs, deepen brand relevance, and unlock global growth.