Athletic-gear maker Lululemon announced Monday that CEO Christine Day will step down. The news came a few months after the company had to recall one of its yoga pants for being too sheer.
Lululemon said Day, who has been at the helm for more than five years, will stay on as CEO until a successor is named. The board has already formed a search committee, the company said in a statement.
Last week, the company announced that it was starting to get some of its Luon yoga pants back on stock shelves after they were recalled in March.