Lululemon appoints former chief product officer to board of directors

VANCOUVER - Apparel retailer Lululemon Athletica Inc. has appointed Tara Poseley, a former chief product officer, to its board of directors. The move aims to appease Lululemon's founder, Chip Wilson. Poseley, who previously held senior roles at Paula’s Choice Skincare, Kmart Apparel, and Gap Inc., joined the board on Monday. She expressed her pleasure at joining Lululemon's board at a crucial time for the company.

Lululemon agreed to appoint a director with product and brand expertise to end a public dispute with its founder, which included Wilson publicly disparaging the company. Wilson and other directors praised Poseley's deep product expertise and strategic vision.