Lululemon appoints new chief financial officer
Lululemon Athletica has promoted Meghan Frank to the position of chief financial officer.
Due to take up her role on 23 November, she will be the first female to hold the position at the company.
Calvin McDonald, chief executive of Lululemon, said: “Meghan has a unique and comprehensive understanding of retail gained through her experience across finance and merchandise planning. Earlier this year, when we started to navigate the Covid-19 environment, Meghan confidently took on more responsibility within the company and demonstrated agility, business acumen, and natural leadership skills. I’m thrilled to be working closely with her in her new role and benefiting from her strategic insights.”
With 20 years’ experience in the retail sector, Frank joined Lululemon in 2016 as senior vice president of financial planning and analysis. Since April, she has served as interim co-chief financial officer alongside Alex Grieve who is vice president, controller of the company. Prior to joining Lululemon, she held senior roles at Ross Stores and J. Crew.
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