Lululemon Founder Chip Wilson Submits Proxy Proposal to Declassify Board, Nominates Three New Directors for 2026 Shareholder Vote
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Chip Wilson, founder of Lululemon Athletica Inc., has proposed to declassify the company's board, allowing for annual elections of all directors by shareholders. This non-binding proposal will be voted on at the 2026 Annual Meeting of Shareholders. Wilson advocates for this change to enhance board accountability and support new leadership for the company's future.
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