Lululemon announces new senior leadership structure

[Lululemon Store] patty_c/iStock Unreleased via Getty Images Lululemon Athletica (LULU [https://seekingalpha.com/symbol/LULU]) said on Wednesday it was restructuring its senior leadership team, creating new roles for president and chief product officer and chief operating officer as the athletic wear maker seeks to strengthen its product, brand, and operational capabilities. Maggie Gauger will become president and chief product officer, and Joseph Godsey will become chief operating officer, both effective October 26. The positions are newly created, the company said [https://seekingalpha.com/pr/20678737-lululemon-announces-new-leadership-team-structure-to-drive-next-chapter-of-growth].