Michael Casey has been appointed to lululemon athletica's board of directors and will serve on the company's audit committee. The company increased the size of the board of directors from eight to nine members and appointed Mr. Casey to fill the newly-created vacancy.
Mr. Casey previously served as senior vice president and chief financial officer of Starbucks from 1995 to September 30, 2007, and he continues to serve as senior advisor to Starbucks. Prior to joining Starbucks, Mr. Casey was executive vice president and chief financial officer for Family Restaurants, Inc., and president and chief executive officer of El Torito Restaurants, Inc.
“Michael's extensive experience and insight in high growth retail companies, particularly in the areas of audit, culture and governance, make him a valuable addition to our board of directors,” said Chip Wilson, chairman and chief product designer at lululemon.
Mr. Casey is also a member of the board of directors of The Nasdaq Stock Market, Inc. Mr. Casey graduated from Harvard College with a Bachelor's degree in Economics and later returned to graduate school, where he earned his MBA degree from Harvard Business School.