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Lululemon's chief financial officer to depart next month for new role

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VANCOUVER — Lululemon Athletica Inc. says its chief financial officer will leave the company next month for a position in a different industry.

The Vancouver-based company says in a statement that Patrick Guido, who joined the company in 2018, departs effective May 8.

The company says he will assume a leadership role outside of the apparel industry.

Meghan Frank, senior vice-president of financial planning and analysis, and Alex Grieve, vice-president and controller, will lead the finance team while the company undertakes the search for a new CFO.

CEO Calvin McDonald thanked Guido for his work with the company.

The company says it will consider internal and external candidates for the position.

This report by The Canadian Press was first published April 16, 2020.

The Canadian Press

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