Tricia Patrick Joins lululemon Board of Directors
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.
Investors:
ICR, Inc.
Joseph Teklits/Caitlin Morahan
203-682-8200
or
Media:
Brunswick Group
Laura Buchanan/ Blake Sonnenshein
44 7974 982492 / 917-365-1724
View source version on businesswire.com: http://www.businesswire.com/news/home/20170831006242/en/