Activist investor Elliott builds over $1 billion stake in Lululemon, puts forth CEO candidate

The activist investor is bringing a CEO candidate to the struggling retailer after it announced last week Calvin McDonald would step down in January.

# Activist investor Elliott builds over $1 billion stake in Lululemon, puts forth CEO candidate The activist investor is bringing a CEO candidate to the struggling retailer after it announced last week Calvin McDonald would step down in January. **Read the full article:** [CNBC](https://www.cnbc.com/2025/12/18/activist-investor-elliott-lululemon-stake-ceo-candidate.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*