BCBusiness: Chip Wilson Takes on Lululemon Board

Lululemon founder Chip Wilson failed to convince investors Wednesday to fire board members Michael Casey and RoAnn Costin. Their reappointment was confirmed at the shareholders’ meeting at the Shangri-la Hotel in Vancouver following a vote at the Annual General Meeting.

Wednesday morning, just prior to the investors’ meeting, Wilson released a statement saying that he would use his 27 per cent share to vote against their reappointment.

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