Business
Michael Casey Joins lululemon athletica Board of Directors
Michael Casey Joins lululemon athletica Board of Directors.
About this update from Lanebury Growth Capital Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, BRITISH COLUMBIA, October 17 /CNW/ - lululemon athletica inc.\n(NASDAQ: LULU; TSX: LLL) today announced that Michael Casey has been appointed\nto its board of directors and will serve on the company's audit committee. The\ncompany increased the size of the board of directors from eight to nine\nmembers and appointed Mr. Casey to fill the newly-created vacancy.\n\n\nMr. Casey previously served as senior vice president and chief financial\nofficer of Starbucks from 1995 to September 30, 2007, and he continues to\nserve as senior advisor to Starbucks. Prior to joining Starbucks, Mr. Casey\nwas executive vice president and chief financial officer for Family\nRestaurants, Inc., and president and chief executive officer of El Torito\nRestaurants, Inc.\n\n\n"Michael's extensive experience and insight in high growth retail\ncompanies, particularly in the areas of audit, culture and governance, make\nhim a valuable addition to our board of directors," said Chip Wilson, chairman\nand chief product designer at lululemon.\n\n\nMr. Casey is also a member of the board of directors of The Nasdaq Stock\nMarket, Inc. Mr. Casey graduated from Harvard College with a Bachelor's degree\nin Economics and later returned to graduate school, where he earned his MBA\ndegree from Harvard Business School.\n\n\nAbout lululemon athletica inc.\n\n\nlululemon athletica (NASDAQ:LULU; TSX:LLL) is a yoga-inspired athletic\napparel company that creates components for people to live longer, healthier\nand more fun lives. By producing products that keep people active and stress\nfree, lululemon believes that the world will be a better place. Setting the\nbar in technical fabrics and functional designs, lululemon works with yogis\nand athletes in local communities for continuous research and product\nfeedback. For more information, visit www.lululemon.com.\n\n\nForward-Looking Statements:\n\n\nThis press release contains "forward-looking statements" within the\nmeaning of Section 27A of the Securities Act of 1933 and Section 21E of the\nSecurities Exchange Act of 1934 that involve risks, uncertainties and\nassumptions, such as statements regarding our future financial condition or\nresults of operations, our prospects and strategies for future growth, the\ndevelopment and introduction of new products, and the implementation of o...