Lululemon settles dispute
Lululemon resolves issue with founder, potentially easing governance concerns
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Lululemon resolves issue with founder, potentially easing governance concerns
Lululemon resolves dispute with Chip Wilson, shares rise
Lululemon resolves dispute with founder Chip Wilson, avoiding a potential proxy battle. The settlement terms are not disclosed.
Lululemon agrees to add two board nominees as part of a settlement with founder Chip Wilson, ending a proxy battle. The move may impact the company's strategic direction.