Lululemon names former Nike executive Maggie Gauger chief product officer

Reuters reports Lululemon named former Nike vice president and Athleta CEO Maggie Gauger chief product officer, starting October 26. The company also named Joseph Godsey chief operating officer and said its chief brand and supply chain officers will leave November 6. The changes come as CEO Heidi O’Neill works to turn around the business after product missteps; Lululemon’s shares had nearly halved in value so far in 2026.