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Lululemon's Mystery Board Member Resigns

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Interesting article in Fortune on the resignation of Lululemon board member Rhoda Pitcher:  Fortune article.  Lululemon could have helped itself out by being much more up-front when questions arose in June regarding the credentials of Pitcher.  At the time, the company said that she was a valued member because her “considerable knowledge of our business gained from more than 10 years as a director of Lululemon makes her well suited to provide advice with respect to our strategic plans, culture and marketing programs.”  

Institutional knowledge alone is no longer sufficient justification for an individual's continued appointment to the Board ...

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