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Lululemon CEO Is Out; Conduct 'Fell Short'

  • CNBC, Tuesday, February 6, 2018 8 AM
CEO Laurent Potdevin is resigning from the retailer, effective immediately, the company announced Monday. Lululemon said Potdevin "fell short of ... standards of conduct" to respect employees and show integrity. Meanwhile, the company's board of directors has started searching for a new global CEO. Potdevin will also be removed from his position on the board. 

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