Lululemon chief operating officer Stuart Haselden departs
Canadian athleisure apparel maker Lululemon Athletica Inc announced on Monday the departure of chief operating officer and EVP, international, Stuart Haselden.
Effective January 10, Haselden will leave to take up a leadership position in a company outside the apparel industry.
Haselden joined Lululemon in 2015, as chief financial officer, and became the COO in May 2017. He was also one of three leaders who guided the company during its CEO search last year, until Calvin McDonald took charge in July 2018.
Prior to joining the atheleisure retailer, he spent nine years at J.Crew Group, as CFO.
Lululemon said it has already begun an external search for Haselden's successor.
“We’re grateful for Stuart’s leadership and commitment to Lululemon, and we appreciate the role he played to build our infrastructure and support our international growth. He’s helped us develop senior leaders across the organization who are ready and able to take on additional responsibilities,” said McDonald, CEO.
In conjunction with Haselden’s departure, Lululemon also announced that its chief technology officer Julie Averill and chief supply chain officer Ted Dagnese will join the company's senior leadership team. They will report to McDonald, effective immediately.
Lululemon is scheduled to report third-quarter results on Wednesday after the bell.
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