Meghan Frank

BIO:

• Name: Meghan Frank
• Title/Position: Chief Financial Officer (and interim co-CEO announced in late 2025)
• Industry: Retail, Athletic Apparel, Consumer Goods, Finance
• Location: Vancouver, British Columbia, Canada (lululemon headquarters)
• Age: Around 48 (2025)
• Net Worth: Not publicly disclosed

Meghan Frank’s Story. 

Meghan Frank became lululemon’s first female CFO, a major milestone in the company’s leadership. 

She built a career at the intersection of numbers, product, and real-world retail execution, and that is what took her to the top at lululemon. Before joining lululemon, she sharpened her skills in planning and finance roles at major retailers including Ross Stores and J.Crew. 

That background gave her a strong feel for what drives performance in retail: inventory decisions, margin discipline, and the pace of consumer demand. In 2016, Frank joined lululemon as Senior Vice President of Financial Planning and Analysis. 

Then came 2020, a year that tested every retail business. She stepped up as interim co-CFO during that uncertainty and proved she could lead through pressure. Later that year, she was appointed Chief Financial Officer, a meaningful shift in leadership representation at one of the world’s most influential activewear brands. 

As lululemon entered a major leadership transition in late 2025, she was named interim co-CEO alongside André Maestrini, showing the level of trust placed in her calm, performance-driven leadership.

Career Highlights

Key Milestones:

• 2016: Joined lululemon as Senior Vice President, Financial Planning and Analysis 
• April 2020: Served as interim co-CFO 
• November 2020: Promoted to Chief Financial Officer, becoming lululemon’s first female CFO 
• April 2025: Listed as CFO in lululemon’s proxy statement (Age 48) 
• September 2025: Appointed to Best Buy’s Board of Directors 
• December 2025: Named interim co-CEO (with André Maestrini) during lululemon’s CEO transition plan 

Achievements:

• Recognized internally for leadership under pressure during the 2020 business environment, then trusted with the top finance seat. 
• Oversees a finance organization that supports a global brand with a large store footprint and growing international business. 
• Represents lululemon’s financial story to investors and the market, including updates on guidance, tariffs, and performance drivers. 
• Expanded influence beyond lululemon through a major public company board appointment at Best Buy. 

Meghan Frank Net Worth

Meghan Frank’s net worth is not publicly disclosed, so there is no verified figure available.

What is public is her compensation. lululemon’s 2025 proxy statement (for fiscal 2024) lists her base salary at $825,000 and her total compensation at $4,407,239, which includes salary, bonus, and equity awards.

Overall, her wealth is likely driven mainly by executive pay and stock-based compensation, but an official net worth number is not confirmed in filings.

Meghan Frank in the News

• Late 2025: lululemon announced a CEO succession plan where Meghan Frank and Chief Commercial Officer André Maestrini would serve as interim co-CEOs during the transition period. 
• Late 2025: Frank discussed operational focus areas on an earnings call, including plans to reduce store clutter and improve visual merchandising and inventory presentation. 
• 2025: Best Buy announced her appointment to its Board of Directors, highlighting her deep retail finance and planning background. 

Quotes by Meghan Frank

“We continue to see many opportunities ahead for lululemon and I’m excited to be part of the journey as we further build on our momentum and work to deliver on our strategic growth priorities.” 

FAQs: Most Asked Questions About Meghan Frank