Calvin McDonald to Step Down as Lululemon’s CEO in January

Leadership Change on the Horizon

After more than a decade at the helm, Calvin McDonald will leave his post as chief executive of Lululemon Athletica Inc. effective January 2026. The announcement comes amid growing pressure from the company’s founder, Chip Wilson, who has publicly urged a fresh strategic direction for the yoga‑apparel brand.

Founder’s Call for a New Vision

Wilson, who founded Lululemon in 1998, has long been a vocal critic of the firm’s recent performance. In a recent interview, he said the company needs “a leader who can reignite the original spirit of innovation and community that made Lululemon a cultural phenomenon.” His remarks have intensified calls from investors and analysts for a leadership transition.

McDonald’s Tenure and Achievements

Since taking over as CEO in 2018, McDonald oversaw a period of rapid global expansion, the launch of new product lines, and a significant boost in digital sales. Under his guidance, Lululemon’s revenue grew from US$3.9 billion to more than US$6.3 billion, and the brand entered new markets across Asia and Europe.

Challenges Ahead

Despite these gains, the company has faced headwinds, including supply‑chain disruptions, heightened competition in the athleisure space, and criticism over its sustainability practices. Shareholders have expressed concerns that growth has slowed and that the brand’s core identity is becoming diluted.

Search for a Successor

Lululemon’s board has launched an executive search to identify a successor who can balance “operational excellence with a bold, consumer‑centric vision,” according to a statement released by the board chair. Potential candidates are expected to have deep experience in apparel, digital transformation, and brand storytelling.

What This Means for the Company

The transition is slated to be seamless, with McDonald remaining as an advisor through the first half of 2026 to ensure continuity. Analysts predict that a new CEO could bring fresh energy to product development and sustainability initiatives, potentially revitalizing investor confidence.

Looking Forward

As Lululemon prepares for the upcoming leadership change, the company reaffirmed its commitment to its core values—mindfulness, community, and high‑performance apparel—while promising to “continue evolving in ways that honor our founders’ vision and meet the expectations of today’s consumers.”