Under Armour, Lululemon reveal board adjustments
U.S. sportswear companies Under Armour and Lululemon announced last week readjustments to their respective board of directors.
Under Armour announced on Friday that Wes Moore has stepped down from its board of directors, effective immediately, due to his election as governor of the state of Maryland.
Moore, the former CEO of the Robin Hood Foundation, joined the board in October 2020 and served as a member of the corporate governance and sustainability committee.
"On behalf of the entire team, I'd like to congratulate Wes, and thank him for his dynamic leadership as well as the significant contributions he made as a member of Under Armour's board of directors," said Kevin Plank, executive chair and brand chief. "We wish him well as he embarks on this next chapter as the leader of the great state of Maryland."
Likewise, Lululemon announced on November 8 the appointment of Isabel Ge Mahe to its board of directors, effective immediately.
Ge Mahe is the vice president and managing director of Greater China for Apple, where she provides leadership and coordination across Apple’s China-based team. In this position, she has played a key role in developing new China-specific features for Apple products, enabling the company to connect customers with innovative products and technology solutions.
“Isabel is a seasoned executive with global experience across technology, retail and product development,” said Martha Morfitt, chair of the board.
“We are excited to welcome Isabel to the Lululemon board of directors and know her breadth of expertise in product development and leadership, as well as her deep knowledge of the business and guests in China will be invaluable as we continue to grow and execute on our international expansion strategy.”
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