NasdaqGS:LULULuxury
Founder Wilson Challenges Lululemon Board As Shares Lag Analyst Targets
Dennis J. Wilson, founder of lululemon athletica, plans to nominate his own board slate for the company’s 2026 annual meeting.
Wilson also intends to introduce a business proposal, signaling a push to regain influence over the company’s direction and governance.
The move will involve filing a proxy statement ahead of the meeting, giving current shareholders a direct say on potential board changes.
For investors watching NasdaqGS:LULU, this comes at a time when the share price is $172.85 and...