Chip Wilson, the Vancouver billionaire founder of Lululemon Athletica who sparked customer outrage last month when he suggested that the retailer’s popular yoga pants aren’t appropriate for women without a thigh gap, is resigning as chairman of the board.
Michael Casey, lead director of the board will take his place once Wilson steps down next year, the company said in a statement on Tuesday. The upscale yoga chain also named Laurent Potdevin as chief executive officer.