Lululemon has announced a major change in its leadership team. Patrick (‘PJ’) Guido, CFO, will depart the company, effective on May 8, 2020. PJ is leaving the company to become CFO of Asbury Automotive Group Inc.
Lululemon’s search for a new CFO will begin immediately and will include both internal and external candidates. For the interim, Meghan Frank, senior VP, financial planning & analysis, and Alex Grieve, VP and controller, will lead the finance team and ensure a smooth transition. Both will report to CEO Calvin McDonald on an interim basis.
“Over the past two years, he has helped us to grow and strengthen lululemon’s finance organization, We are fortunate to have two leaders, Meghan and Alex, who are well prepared to take on expanded responsibilities and lead the finance organization on an interim basis.’ – Calvin McDonald
