By Canadian Press

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

Apr 16, 2020 | 2:25 PM

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.

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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