Wilson is one of the biggest independent shareholders of Lululemon, with a 4.27% stake. Lululemon Athleticas founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the companys board, just over two weeks after the apparel maker announced the exit of CEO Calvin McDonald without a clear successor.
Wilson is one of the biggest independent shareholders of Lululemon, with a 4.27% stake. Lululemon Athleticas founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the companys board, just over two weeks after the apparel maker announced the exit of CEO Calvin McDonald without a clear successor.
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