The president of U.S.-based investment bank Loop Capital Markets, Kourtney Gibson, is joining the Lululemon board of directors.
“We are counting on her to bring powerful consumer and market insights to our CEO and senior management team,” said Glenn Murphy, chairman of Lululemon’s board.
Earlier this year, Lululemon announced plans to extend its global diversity and inclusion efforts, going beyond appointing Stacia Jones as vice president, global head of Inclusion, Diversity, Equity and Action (IDEA) to drive these efforts forward.
The retailer has followed through on its promise to create a much more diverse workforce as Gibson’s appointment to Lululemon’s board of directors marks an important step in that direction.
“Kourtney Gibson is an accomplished business leader with an impressive track record of identifying high-growth opportunities for her clients,” said Murphy. “On behalf of the entire Board of Directors, I am pleased to welcome Kourtney to the lululemon family.”
“Lululemon is a unique brand with an impressive growth runway. I’m excited to join the board of directors to support the brand’s strategic vision and to help build upon the momentum in the business.”— Kourtney Gibson, president of U.S.-based investment bank Loop Capital Markets
In October, the retailer also appointed André Maestrini, from Adidas as executive vice president international and Lululemon veteran Celeste Burgoyne as president leading the company’s Americas and Global Guest Innovation teams.
The company is also undertaking other initiatives to support diversity in its workforce. One such initiative is the company’s plan to invest roughly $5 million a year in the IDEA team, to build employee resource groups and offer anti-racism and anti-discrimination training for staff.
Lululemon has also joined as one of the founding sponsors of the Canadian Journalism Foundation’s Black Journalism Fellowship.