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9.17767988251735E-05 0.000275330396475781 0.00165198237885456 -0.000642437591776867 -0.00348751835535985 -0.00468061674008815 -0.0037628487518355 -0.00348751835535985
Stock impact report

Activist investor wants Ralph Lauren veteran to lead Lululemon [Yahoo! Finance]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: Yahoo! Finance
Just days after Lululemon announced CEO Calvin McDonald would step down , Elliott Investment Management has acquired a more than $1 billion stake in the company and is pushing for former Ralph Lauren executive Jane Nielsen to become CEO of the activewear brand, according to a person familiar with the matter. Nielsen served as Ralph Lauren's chief operating officer and chief financial officer for several years, along with a short stint as interim CEO, and also has experience as the chief financial officer of Coach. She is currently a board member at Mondelez International, according to her LinkedIn. Lululemon did not immediately respond to a request for comment. CFO Meghan Frank, who will co-lead the retailer in the interim when McDonald exits, said last week the retailer was looking for experience in growth and transformation for its next CEO. Lululemon's CEO succession plans have caught the interest of multiple observers. Founder Chip Wilson last week noted there were “sever Show less Read more
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