# Lululemon Athletica Inc. named Heidi O’Neill its new chief executive on Wednesday.

*business · news · 2026-04-22 · Financial Post*

## Key points

- Heidi O’Neill, former Nike president of consumer, product and brand, will become Lululemon CEO September 8.
- Elliott Investment Management has built a stake exceeding $1 billion and favored Jane Nielsen as CEO candidate.
- Lululemon reported its slowest sales growth last quarter since going public in 2007.
- Lululemon has lost athleisure market share to upstarts like Alo Yoga and Vuori.

**Companies:** Nike Inc., Lululemon Athletica Inc.
**Countries:** Canada, United States

[Read the full story on Financial Post](https://financialpost.com/news/retail-marketing/lululemon-nike-executive-heidi-oneill-next-ceo)

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