Christine M. Day

Last updated

Christine M. Day (born 1962) is a Canadian retail executive. She was the CEO of the Vancouver-based food company Luvo Inc. since January 2014. From 2008 through December 2013, she was the CEO of the Canadian clothing company Lululemon Athletica. Prior to taking her post at Lululemon she worked for Starbucks' Asia-Pacific division.

Contents

Early life and education

Day was born in Northern Ireland. When her father's career as a professional soccer player was ended by a knee injury, the family emigrated to Canada and settled in British Columbia where he worked as an engineer. [1] In 1984, she received her undergraduate degree from Central Washington University. [2]

Career

After graduating from college, Day worked for private-equity corporation, Integrated Resources, where she learned about investment. [3] Later, Day worked for a financial services firm. One of its clients was Howard Schultz, who owned the Il Giornale coffee outlet and was looking to expand the company by purchasing Starbucks. In 1986, Day began working for Schultz's company and remained with Starbucks for the next 20 years. [2] In 2002, she attended Harvard Business School's six-week advanced management program. [2] [4] In 2003, she became the head of Starbucks' Asia-Pacific division. [2] [5] [6]

Day became CEO of Lululemon Athletica in January 2008. [7] In 2011, she became the first woman to be named "CEO of the Year" by The Globe and Mail and was named "Marketer of the Year" by the Canadian Marketing Association. [8] In June 2013, Day announced that she would be resigning as CEO of the company. [9] Laurent Potdevin was later named as the company's new CEO. [10]

Day became the new CEO of Luvo Inc., a startup food and catering company that sells healthy frozen foods. It is based in Vancouver with most of its operations in Atlanta, Georgia. She owns 15% of Luvo and is the company's second largest shareholder, after its founder Steve Sidwell. [6] [11] Day has said that she was drawn to Luvo's company mission, and believed it had an opportunity for marketplace disruption. [12]

Day is currently a partner in the Vancouver-based venture capital firm Campfire Capital. [3]

Personal life

Day is married with two sons and a daughter. Her husband Pat held a senior post at Boeing for twenty years but retired from the company after the birth of their youngest child. [5]

Related Research Articles

<span class="mw-page-title-main">Starbucks</span> American multinational coffeehouse chain

Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle's Pike Place Market initially as a coffee bean wholesaler. Starbucks was converted into a coffee shop serving espresso-based drinks under the ownership of Howard Schultz, who was chief executive officer from 1986 to 2000 and led the aggressive expansion of the franchise across the West Coast of the United States.

<span class="mw-page-title-main">Howard Schultz</span> American businessman (born 1953)

Howard D. Schultz is an American businessman and author who was the chairman and chief executive officer of Starbucks from 1986 to 2000, from 2008 to 2017, and interim CEO from 2022 to 2023. Schultz owned the Seattle SuperSonics basketball team from 2001 to 2006.

<span class="mw-page-title-main">Lululemon Athletica</span> Multinational athletic apparel retailer

Lululemon Athletica inc., commonly known as lululemon, is a Canadian-American multinational premium athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. It was founded in 1998 as a retailer of yoga pants and other yoga wear, and has expanded to also sell athletic wear, lifestyle apparel, accessories, and personal care products. The company has 711 stores and also sells online.

<span class="mw-page-title-main">Jim Pattison</span> Canadian businessman (born 1928)

James Allen Pattison is a Canadian business magnate, and investor. He is based in Vancouver, British Columbia, where he holds the position of chief executive officer, chairman and sole owner of the Jim Pattison Group, Canada's second largest privately-held company, with more than 45,000 employees worldwide, and annual sales of $10.1 billion. The Group is active in 25 divisions, according to Forbes, including packaging, food, and forestry products.

<span class="mw-page-title-main">Advent International</span> Global private equity firm

Advent International Corporation is an American global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strategic restructuring in five core sectors.

Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 acquisitions.

Michael Harrison McCain is a Canadian business executive who serves as the executive chairman of Maple Leaf Foods. McCain formerly served as the president and chief executive officer from 1999 until 2023, and as chief operating officer of the company until the end of 1998. He is one of the wealthiest people in Canada and is currently listed on Canadian Business Magazine’s 100 richest Canadians.

<span class="mw-page-title-main">Freedom Mobile</span> Canadian wireless service provider

Freedom Mobile, a Canadian wireless telecommunications provider owned by Québecor, holds a 6% market share of the Canadian wireless market, primarily concentrated in urban areas of Ontario, British Columbia, Alberta, and Manitoba. As the fourth-largest wireless carrier in Canada, Freedom Mobile serves 2,290,497 subscribers as of November 30, 2022. In addition to mobile phone plans, Freedom also offers home internet and TV services.

<span class="mw-page-title-main">Maveron</span> American venture capital firm

Maveron is an American venture capital firm that invests in consumer-only and early-stage companies, with offices in Seattle, Washington and San Francisco, California. The firm was co-founded by Dan Levitan and former Starbucks chief executive Howard Schultz in 1998.

Dennis J. "Chip" Wilson is an American-born Canadian businessman, investor, and philanthropist who has founded several retail apparel companies, most notably the yoga-inspired athletic apparel company Lululemon Athletica Inc. Wilson is widely regarded as the progenitor and a pioneering figure of the athleisure phenomenon, which has permeated mainstream North American society since its emergence in 2014.

Shannon "Summer" Wilson is a Canadian fashion designer, businesswoman, artist, and philanthropist. She is best known for her former role as lead designer at the yoga apparel company Lululemon Athletica. In 2014, she founded Kit and Ace, a technical luxury apparel company.

<span class="mw-page-title-main">Coffee wars</span> Competition between coffee businesses for market share

Coffee wars, sometimes referred to as caffeine wars, involve a variety of sales and marketing tactics by coffeehouse chains and espresso machine manufacturers to increase brand and consumer market share. In North America belligerents in these wars typically include large coffeehouses, such as Starbucks, Dunkin', McDonald's, and Tim Hortons. According to The Economist, the largest coffee war of the late 2000s was between Starbucks and McDonalds in the United States. The U.S. market has, since the early 2010s, been primarily contested by its two largest players, Starbucks and Dunkin'. Since 2020, competition over the Chinese coffee market has intensified between Starbucks and Luckin Coffee.

LYFE Kitchen is an American fast-casual restaurant chain operating in Illinois. The company's name is an acronym that stands for "Love Your Food Everyday". LYFE promises functional, locally sourced foods and does not use artificial ingredients. They strive to use 100% biodegradable, compostable, recyclable packaging.

<span class="mw-page-title-main">Kit and Ace</span> Canadian clothing brand

Kit and Ace is a Canadian clothing brand founded in 2014 by Shannon Wilson, former lead designer of Lululemon Athletica, and her stepson J. J. Wilson, to sell machine-washable cashmere wool clothing and accessories. It is currently owned by Unity Brands Inc.

Emily C. White is an American technology executive and president of Anthos Capital, a private equity and venture capital firm focused on consumer-oriented companies. She is the former chief operating officer of Snapchat Inc and former director of business operations at Instagram. White served as the COO of Snapchat from 2013 to 2015, when she stepped down to work on other projects. In 2016, White founded Mave, a personal concierge startup. She has served as a board member of Hyperloop One, a transportation technology company.

The Lululemon murder occurred on March 11, 2011, at a Lululemon Athletica store located in the Washington, D.C. suburb of Bethesda, Maryland, when Brittany Norwood, a store employee, murdered her coworker Jayna Troxel Murray. The case received widespread media coverage and was commonly referred to as the "Lululemon murder." In January 2012, Norwood was sentenced to life imprisonment without the possibility of parole.

Luvo Inc.[loo- vō] is a privately held frozen food company that develops, manufactures, markets and sells retail food products. Its products are sold by retail chains in the United States and grocery stores in British Columbia and Ontario, Canada. Luvo products are also served on some Delta Air Lines' flights.

<span class="mw-page-title-main">Cristina Alesci</span> CNN and CNNMoney correspondent

Cristina Alesci was the Chief Corporate Affairs Officer at Chobani until March 2022. Until December 2020, she was a CNN and CNNMoney correspondent based out of the network’s New York bureau. She covers breaking news for the network as well as financial fraud and controversies facing major companies. Her investigative series focuses on public policy issues of the 2016 election cycle, food production, and documenting the early struggles of successful leaders.

Cathy Tie is a Canadian bioinformatician and entrepreneur, the founder of Ranomics, a genetic screening company, and of Locke Bio, a telemedicine company, both based in Toronto.

<span class="mw-page-title-main">Starbucks unions</span> Unionization efforts at the multinational coffee shop chain

As of October 2024, over 11,000 workers at 500 Starbucks stores in at least 40 states in the United States have voted to unionize, primarily with Workers United. Workers United and Starbucks have been engaged in negotiations over a national collective bargaining agreement since February 2024. This unionization effort started at a store in Buffalo, New York. About a third of Starbucks' Chilean workforce is already unionized, as well as 450 workers in New Zealand and eight stores in Canada. The longest Starbucks strike lasted 64 days, took place in Brookline, Massachusetts in September 2022 and resulted in the unionization of the employees at that location.

References

  1. Brown, Heidi (4 September 2009). "From Lattes To Yoga Pants". Forbes . Retrieved 16 March 2014.
  2. 1 2 3 4 Edgecliffe-Johnson, Andrew (9 May 2011). "A chief executive's game plan in trying times". Financial Times . Retrieved 16 March 2015.
  3. 1 2 Bouw, Brenda. How former Lululemon CEO Christine Day invests her money, The Globe and Mail, November 20, 2016. Accessed January 2, 2021
  4. "Innovation: Frozen Assets - Alumni - Harvard Business School". www.alumni.hbs.edu. Retrieved 29 January 2019.
  5. 1 2 Strauss, Marina (9 March 2013). "In the sweaty pursuit of innovation". The Globe and Mail . Retrieved 16 March 2014.
  6. 1 2 O'Connor, Clare (14 January 2015). "Outgoing Lululemon CEO Christine Day To Take Helm At Healthy Fast Food Firm Luvo". Forbes . Retrieved 16 March 2014.
  7. Peer, Melinda. "Christine Day Breathes New Life Into Lululemon". Forbes. Retrieved 2018-11-06.
  8. Central Washington University (9 June 2012). "Christine Day to CWU Grads: Values create opportunity, personal freedom". Retrieved 16 March 2014.
  9. "Lululemon's departing CEO: 'My values include discretion'". Fortune. Retrieved 2018-11-06.
  10. "Lululemon's Chief Executive Resigns Over Behavior" . Retrieved 2018-11-06.
  11. Kapner, Suzanne (14 January 2014). "Former Lululemon CEO to Run Healthy Foods Startup". The Wall Street Journal . Retrieved 16 March 2014.
  12. "Ex-Lululemon CEO on why she left the company". Fortune. December 3, 2014. Retrieved May 24, 2017.

Further reading

The following have further material on Day's management style: