Lululemon Director Rhoda Pitcher has resigned after her bio was called into question. Among other things, she claimed to have had a masters degree from University Associates, which could not be confirmed. You can read more from the NY Post here. RealMoney.com has a detailed article here. What’s amazing is how many times her bio was vetted or she was background checked, including presumably by Lululemon itself, without any person or firm catching any of this or thinking such a person was qualified to be on the board of a public company.
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Peter Barakett
President
DDC – Due Diligence Consulting LLC
DDC Investigations LLC