Figs, Inc., the medical apparel brand, hired Sarah Oughtred, Lululemon’s SVP of financial planning and analysis (FP&A), since 2021, as its chief financial officer.

Oughtred had spent almost 17 years at Lululemon, working in finance leadership roles of increasing responsibility. In her latest role as senior vice president of FP&A, Oughtred reportedly led a global team of over 100 finance team members, served as a key partner to the senior executive team, drove the financial component of strategic and operational planning, and led the company’s annual and quarterly financial planning and earnings processes.

Over her tenure at Lululemon, Oughtred played a “pivotal role in increasing net revenues from $270 million to approximately $10 billion, scaling its retail footprint from less than 50 stores to over 700, and expanding its international footprint from North America-only to over 25 countries globally.”

Before Lululemon, Oughtred spent three years at PricewaterhouseCoopers.

Images courtesy Figs/Sarah Oughtred