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aderfp633 · Inscrit le: 27 Sep 2011 Messages: 7915 Localisation: England

{Lululemon CEO Christine Day quits; company delisting}
Christine Day|© Dominic SchaeferBy Emma CrawfordTue Jun 11,[url=http://www.moncler-sale.org]discount moncler jackets[/url],[url=http://www.moncler-sale.org]discount moncler jackets[/url], 2013 10:00am PSTChristine Day will be stepping down as CEO of Lululemon (TSX:LLL; NASDAQ:LULU),[url=http://www.moncler-sale.org]moncler sale[/url], the athletic clothing company announced yesterday.Day, who has spent the past five years heading up the company,[url=http://www.moncler-sale.org]moncler on sale[/url],[url=http://www.moncler-sale.org]moncler on sale[/url], said she will continue to lead the company until a suitable replacement is found."Plans have been laid for the next five years and a vision set for the next 10," said Day. "Now is the right time to bring in a CEO who will drive the next phase of Lululemon's development and growth."Lululemon has announced that it has formed a "search committee" to find Day's replacement and has enacted a succession plan.The organization has also announced that it is voluntarily delisting from the Toronto Stock Exchange (TSX). A release from Lululemon cites low trading volumes that the company feels no longer justify the administrative expenses involved in maintaining the listing.Lululemon's common stock – which fell 17% this morning to $70 on the news of Day's departure – will be delisted from the TSX at the close of trading June 24.The company will remain listed on the NASDAQ.ecrawford@biv.com@EmmaCrawfordBIVTags: Christine Day,[url=http://www.moncler-sale.org]moncler down jackets[/url], stocks, Lululemon Athletica Inc.,[url=http://www.moncler-sale.org]moncler sale[/url], Toronto Stock Exchange,[url=http://www.moncler-sale.org]moncler outlet[/url], stock activity,[url=http://www.moncler-sale.org]moncler outlet[/url],[url=http://www.moncler-sale.org]moncler down jackets[/url], clothing
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