VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 31, 2017--
lululemon athletica inc. (NASDAQ:LULU) today announces that Tricia
Patrick, a Managing Director at Advent International, has been appointed
to the company's Board of Directors, effective immediately.
“We are excited to add Tricia Patrick to the Board,” said Laurent
Potdevin, Chief Executive Officer of lululemon. “Her global experience
across consumer sectors will bring further insight and operational
expertise to lululemon at a time of significant growth for the Company."
At Advent, Ms. Patrick focuses on buyouts and growth equity investments
in the retail, consumer and leisure sector. Prior to joining Advent in
2016, Ms. Patrick spent 12 years as an investment professional with Bain
Capital Private Equity and before that, was with the Private Equity
Group of Goldman, Sachs & Co. She has closed transactions across the
retail, healthcare, business services, real estate and media sectors, as
well as internationally. She has an AB in Biochemical Sciences from
Harvard College and an MBA from Harvard Business School.
Ms. Patrick resides in Boston and is an avid yogi, cyclist and painter.
Ms. Patrick was designated for appointment to the Board of Directors by
Advent International in accordance with the terms of a support agreement
between lululemon athletica and certain entities affiliated with Advent
International under which Advent has a right to designate two people for
nomination to serve on the Board of Directors for so long as Advent
beneficially owns at least 10% of the voting securities of lululemon.
About lululemon athletica inc.
lululemon athletica inc. (NASDAQ:LULU) is a healthy lifestyle inspired
athletic apparel company for yoga, running, training, and most other
sweaty pursuits, with products that create transformational experiences
for people to live happy, healthy, fun lives. Setting the bar in
technical fabrics and functional designs, lululemon works with yogis and
athletes in local communities for continuous research and product
feedback. For more information, visit www.lululemon.com.
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Source: lululemon athletica inc.
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