July 24, 2018 / 8:21 PM / 21 days ago

Lululemon names Calvin McDonald as new CEO

July 24 (Reuters) - Apparel maker Lululemon Athletica Inc on Tuesday named Calvin McDonald as its new chief executive officer, replacing Laurent Potdevin.

McDonald joins from cosmetics retailer Sephora, where he was head of the Americas region, and will start in his new role on Aug. 20.

Potdevin abruptly resigned from Lululemon in February for falling short of the company’s “standards of conduct”. (Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)

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