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Lululemon Appoints First Female CFO

lululemon athletica has promoted Meghan Frank to CFO, making her the first woman to hold the role at the company. She brings more than 20 years of experience within the retail industry, including four years at lululemon.

Frank has been interim co-CFO at the athleisure retailers since April, holding the position alongside VP and Controller Alex Grieve. She first joined lululemon in 2016 as SVP of Financial Planning and Analysis, and previously held leadership roles at Ross Stores and J.Crew.

“Meghan has a unique and comprehensive understanding of retail gained through her experience across finance and merchandise planning,” said Calvin McDonald, CEO of lululemon in a statement. “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.”

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