Overview
- Wilson said he nominated three directors — Marc Maurer, Laura Gentile and Eric Hirshberg — in a bid to change the board.
- He is not seeking a board seat for himself and holds about a 4.27% stake, according to LSEG data.
- The push follows Lululemon’s disclosure that CEO Calvin McDonald will step down in January and a search for his successor is underway.
- Wilson is urging an urgent, product‑focused CEO search led by new independent directors with deep company knowledge.
- Elliott Management recently disclosed a stake of more than $1 billion, and Reuters reported it has been working with former Ralph Lauren executive Jane Nielsen as a potential CEO candidate.