Lululemon directors approved, exec compensation plan passes with some opposition
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VANCOUVER – Lululemon Athletica Inc. says the three directors up for election to its board were approved by shareholders at its annual meeting on Thursday.
The retailer says shareholders signed off on Chip Bergh, Esi Eggleston Bracey and Teri List, who will sit on the company’s board until its 2029 annual meeting.
Lululemon also says ex-ESPN chief marketing officer Laura Gentile and Marc Maurer, former co-CEO of On, will join the board which will increase to 11 members.
The appointment of Gentile and Maurer was part of the company’s agreement with its estranged founder Chip Wilson that was reached last month to end his recent attacks on the firm.
While a shareholder advisory vote on executive compensation was approved at the meeting, a significant portion of shares were voted against the plan.
The company says the vote on executive pay received the backing of 46,416,593 votes, while 27,018,492 votes were against the plan. There were 151,486 abstentions and 1,354,452 broker non-votes.
Lululemon released the shareholder vote results after blocking non-shareholders and the media from attending its annual general meeting.
This report by The Canadian Press was first published June 26, 2026.