Lululemon CEO Calvin McDonald steps down, with board chair Marti Morfitt serving as executive chair and two interim co-CEOs named. McDonald receives a $3.1 million severance payment. Other executives like Celeste Burgoyne and Sun Choe have also departed recently.
Keen footwear brand appoints Ann Radil as senior director of Keen Effect for sustainability efforts. Radil will focus on mapping sustainability objectives, reducing emissions, and accelerating regenerative and circular design strategies. Previously, Radil served as a senior sustainability advisor at Watershed.
CreateMe promotes Nick Chope to chief engineer and head of manufacturing, with Natasha Chand named executive advisor. Chope will focus on advancing CreateMe’s robotic assembly platform, bringing over 20 years of experience. Chand brings 25 years of global omni-channel business leadership.
Ascend Performance Materials appoints Patrick Schumacher as CEO, succeeding Phil McDivitt. McDivitt will remain as a special advisor as the company completes its financial restructuring. This change follows the confirmation of Ascend’s plan of reorganization by the U.S. Bankruptcy Court.
Crowley announces that Megan Davidson will succeed Ray Fitzgerald as chief operating officer. Davidson has led talent strategies and legal functions, while Fitzgerald has driven innovation and customer-focused solutions. Fitzgerald will transition to retirement next year while advising Crowley.
Responsible Sourcing Network adds Peter Burrows, Cara Chacon, and Karen Korponai to its board. Burrows brings IT and executive leadership experience, Chacon has expertise in corporate responsibility and sustainability, and Korponai has experience in building strategic partnerships for ethical supply chains.
Read more at Yahoo Finance: Lululemon Leader to Depart, CreateMe Bolsters AI Efforts
