Jim Cramer on Lululemon Board Member's Exit

Lululemon's (LULU) - Get Report longest-standing board member, Rhoda Pitcher, resigned from her position after dogged reporting from Real Money's Fill or Kill team, said TheStreet's Jim Cramer. According to an 8-K filing with the Securities and Exchange Commission Monday, Pitcher resigned from the board of directors and from all committees of the board of directors on Aug. 3 to 'pursue other opportunities.' 'Her resignation is not due to any disagreements with us on any of our operations, policies, or practices,' CFO Stuart Haselden said in the filing.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.