lululemon adds two directors; shareholders approve all proposals at annual meeting
lululemon's board appointed Laura Gentile and Marc Maurer as directors, effective after the June 25, 2026 annual meeting, and expanded the board from 9 to 11 members under a May 26, 2026 cooperation agreement with Chip Wilson and related entities. At the same meeting, shareholders re-elected three Class I directors, ratified PricewaterhouseCoopers LLP, approved the advisory executive compensation vote, approved an increase to the 2023 Equity Incentive Plan share reserve, and approved a stockholder proposal to declassify the board.
Key points
- Board size rises from 9 to 11; Laura Gentile (Class I) and Marc Maurer (Class III) join the Audit Committee and the Corporate Responsibility, Sustainability and Governance Committee.
- Declassification proposal approved with 73,105,842 votes for and 320,258 against.
- Advisory executive compensation vote approved with 46,416,593 votes for and 27,018,492 against.
- Charles (Chip) Bergh, Esi Eggleston Bracey and Teri List elected to serve until the 2029 annual meeting.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.