Lululemon Appoints Former Levi Strauss CEO Chip Bergh to Its Board of Directors

Who Is Chip Bergh and Why He Was Chosen Bergh is widely credited with transforming Levi Strauss & Co. from a declining heritage brand into a $6 billion global powerhouse during his tenure, repositioning it through a combination of product focus, direct to consumer investment, and brand storytelling.

For Lululemon, a brand that has seen its U.S. comparable sales stall and its stock trade significantly below recent highs, that track record carries real weight.

Bergh will serve as a Class I director and sit on the Corporate Responsibility, Sustainability, and Governance Committee and the People, Culture, and Compensation Committee.

He replaces David Mussafer, the longtime lead director and managing partner of Advent International, who announced he will not stand for re election at the conclusion of his current term…