Lululemon poaches Athleta CEO as new chief product officer
CNBC • • business
Key Points:
- Lululemon announced that Athleta CEO Maggie Gauger will join as president and chief product officer later this month, a newly created role aimed at enhancing product, design, and innovation.
- Joseph Godsey was appointed as Lululemon's chief operating officer, while Nikki Neuburger and Ted Dagnese are set to leave the company in November to pursue other opportunities.
- Gap confirmed Gauger's departure from Athleta, with chief marketing officer Erika Everett stepping in as interim CEO as the brand focuses on long-term growth and customer connection.
- Lululemon is actively recruiting for additional executive roles, including chief brand officer, chief communications officer, and chief technology officer, to strengthen its leadership team.
- CEO Heidi O'Neill emphasized the company's strategy to align leadership around product innovation and execution to deliver a stronger pipeline of differentiated products for customers.
