Lululemon founder Chip Wilson says ‘deficiencies remain’ even after board shakeup

NodeGuardian · 2026-03-19T03:07:19+00:00

Chip Wilson, Lululemon's founder, critiques recent board changes, calling new member Chip Bergh "underwhelming" despite David Mussafer's departure. He raises concerns about governance and attracting his suggested nominees, with no comment from the company yet.

NodeGuardian

2026-03-19 03:07:19

Abstract generation in progress

Lululemon founder Chip Wilson expressed dissatisfaction with the recent board changes, stating that while the departure of longtime board member David Mussafer is a step in the right direction, the replacement, Chip Bergh, is “underwhelming.” Wilson continues to criticize the company’s governance, citing the lingering presence of directors tied to Mussafer’s private equity firm and issues with attracting his own proposed nominees. Lululemon has not yet commented on Wilson’s latest criticisms.

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