Is Anyone Running Lululemon?

Christine Day, CEO of Lululemon Athletica Inc., speaks during an event at the Toronto Region Board of Trade in Canada on Feb. 15, 2013 Photograph by Aaron Harris/Bloomberg

Lululemon welcomed some laughs for its cheeky take on recruiting a new chief executive, including an online list of ridiculous job requirements. But the stunt obscured a larger problem: Leadership at the highest levels of the apparel company is getting yoga-pants thin.

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