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Lululemon settles proxy battle with founder Chip Wilson, agrees to two board nominees

CNBC · May 27, 2026, 11:52 AM · Also reported by 2 other sources

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  • Lululemon is ending its feud with founder Chip Wilson.
  • The athletic apparel company entered into an agreement with Wilson on Wednesday that ended a messy proxy contest the founder started late last year as its largest individual shareholder.

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Lululemon is ending its feud with founder Chip Wilson.

The athletic apparel company entered into an agreement with Wilson on Wednesday that ended a messy proxy contest the founder started late last year as its largest individual shareholder.

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