Lululemon CEO, Michael Bergh, has been appointed by the company after former CEO Calvin McDonald stepped down earlier in the year. Bergh will stand for election at the company's annual shareholder meeting in lieu of Mussafer. The appointment comes amid concerns about an overhaul and concerns about certain directors, including lead director David Mussafer, who have raised concerns about their roles. The company's shares have fallen nearly two-thirds of their value in the past two years due to design issues and a lack of freshness leading to market share losses.