Calvin McDonald to Step Down as Lululemon CEO in January

Founder’s public criticism spurs leadership change at the yoga‑wear giant

The board of Lululemon Athletica announced that Calvin McDonald will leave his position as chief executive officer effective January 2025. The decision follows a wave of public pressure from the company’s founder, Chip Wilson, who has been vocal about the need for fresh strategic direction.

McDonald, who has led the Calgary‑based retailer since 2018, oversaw a period of rapid expansion, including the launch of new product lines and the opening of flagship stores across North America and Asia. However, his tenure has also been marked by criticism over inventory management, supply‑chain challenges, and a perceived slowdown in brand innovation.

In a brief statement, Wilson said, “Lululemon needs a leader who can reignite the brand’s original spirit of performance and community.” He added that the founder will work closely with the board to identify a successor who can accelerate growth while staying true to the company’s core values.

The board confirmed that an executive search will commence immediately, with both internal and external candidates being considered. A senior member of the current leadership team has been appointed as interim CEO to ensure continuity during the transition.

Analysts view the leadership change as a pivotal moment for the athleisure giant. “The market is watching closely to see how Lululemon navigates this shift,” said Jordan Patel, a senior analyst at MarketPulse. “A new CEO could bring the strategic agility needed to sustain its growth trajectory.”