VANCOUVER - lululemon athletica inc. (NASDAQ:LULU) announced the appointment of Teri List, a seasoned executive with extensive experience in finance and retail, to its Board of Directors. The addition is effective immediately, as the company seeks to bolster its governance with expertise that aligns with its global expansion goals.
Ms. List brings a wealth of experience from her previous executive roles, including her tenure as Executive Vice President and Chief Financial Officer at prominent companies such as Gap Inc (NYSE:GPS)., DICK'S Sporting Goods, and Kraft Food Group. Her career began in public accounting at Deloitte and included nearly two decades at Procter & Gamble (NYSE:PG), where she ultimately served as Senior Vice President and Treasurer.
Martha Morfitt, Chair of the Board of lululemon, expressed confidence in List's ability to contribute to the company's growth, citing her "impressive experience as a business leader and board member for large, global companies."
List, who currently also serves on the Boards of Microsoft (NASDAQ:MSFT), Visa (NYSE:V), and Danaher Corporation (NYSE:DHR), holds both a bachelor's degree in accounting and an honorary doctorate from Northern Michigan University. She expressed her eagerness to support lululemon's growth and to help the company "continue to live into its vision."
lululemon, known for its technical athletic apparel and accessories, has been focusing on innovation in fabrics and functional designs, and works closely with yogis and athletes for product feedback. The company's commitment to building connections and promoting wellbeing is central to its brand philosophy.
This strategic appointment reflects lululemon's ongoing efforts to expand its global presence and improve the guest experience.
The information is based on a press release statement from lululemon athletica inc.
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