Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers
On January 25, 2022, the board of directors of lululemon athletica inc.
appointed Alison Loehnis as a member of the board of directors. Ms. Loehnis is
president of Luxury and Fashion at Yoox Net-a-Porter where she is responsible
for Net-a-Porter, Mr. Porter and the Outnet businesses. She has held several
leadership roles with expanding responsibility since she joined the company in
2007 and has been instrumental in the conception and launch of major initiatives
including TheOutnet.com and MrPorter.com. Previously, Ms. Loehnis held positions
with LVMH, Hachette Filipacchi and The Walt Disney Company, after starting her
career with Saatchi & Saatchi. Ms. Loehnis received a degree in Art History from
Brown University.
The board of directors increased the size of the board from ten to eleven
members and appointed Ms. Loehnis as a Class III director to fill the
newly-created vacancy. Ms. Loehnis will receive compensation for her service as
a director consistent with that of our other non-employee directors. A
description of our standard compensation arrangements for non-employee directors
is included in our proxy statement filed with the SEC on April 20, 2020. We
expect Ms. Loehnis to enter into our standard form indemnification agreement for
non-employee directors, the form of which is filed with the SEC as Exhibit 10.16
to our registration statement on Form S-1, dated July 9, 2007.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on January 27, 2022.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
LULULEMON ATHLETICA INC. 
