lululemon Does Not Intend To Replace Role Of Chief Product Officer; Jonathan Cheung, Global Creative Director, Will Report To CEO Calvin McDonald, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
lululemon announced that it will not replace the role of Chief Product Officer. Instead, Jonathan Cheung, Global Creative Director, will report directly to CEO Calvin McDonald. This change aims to support the company's growth plans and product innovation. lululemon will report its Q1 2024 financial results on June 5.
May 21, 2024 | 8:58 pm
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lululemon will not replace its Chief Product Officer. Jonathan Cheung, Global Creative Director, will report to CEO Calvin McDonald. This change is aimed at supporting growth and product innovation. Q1 2024 earnings will be reported on June 5.
The organizational change indicates a strategic move to streamline leadership and focus on growth and innovation, which is likely to be viewed positively by investors. The upcoming earnings report could also provide further insights into the company's performance.
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