Dec 11 (Reuters) - Lululemon Athletica said its CEO Calvin McDonald will step down in January as the yogawear maker navigates a challenging consumer environment in the United States. Coca-Cola and Altria also named new CEOs recently, as the consumer sector goes through a flurry of leadership changes against the backdrop of tariff pressures, an uncertain economy and a choppy consumer spending backdrop. Here are some of the major CEO changes among global consumer goods companies in the past year. Company Date of Details Announcemen t Lululemo December Lululemon n 11, 2025 Athletica said its CEO Athletic Calvin McDonald will a step down in January after about seven years at the helm. The company named its finance chief Meghan Frank and chief commercial officer André Maestrini as co-interim CEOs while it searches for its new boss. Altria December Altria announced that CEO 11, 2025 Billy Gifford, who has led the tobacco giant since 2020, will retire, effective May 14, 2026. The company announced Gifford will be succeeded by finance head Salvatore Mancuso. Coca-Col December Coca-Cola named COO Henrique a 10, 2025 Braun as its new CEO, effective March 31, 2026. Braun succeeds James Quincey, who is stepping down after nine years at the helm. Kohl's November Kohl's Corp named retail Corp 24, 2025 veteran Michael Bender as its permanent CEO, after he served as the interim chief since May. Bender replaced Ashley Buchanan, who was fired for a personal relationship with a vendor. Walmart November The company said Doug 14, 2025 McMillon, who has been heading the retail bellwether since 2014, will retire in January 2026. John Furner, McMillon's successor, currently serves as CEO of Walmart U.S. and has held leadership roles at the company. Nestle Nestle dismissed its CEO, September Laurent Freixe, a year after 1, 2025 appointing him, following an investigation into an undisclosed romantic relationship with a direct subordinate that breached the company's code of conduct. Freixe was replaced by Philipp Navratil, CEO of Nestle Nespresso, on September 1. Target August 20, The retailer named longtime 2025 company veteran Michael Fiddelke as its CEO, replacing retail industry bigwig Brian Cornell, effective February 1, 2026. Procter July 28, Procter & Gamble said CEO & 2025 Jon Moeller is stepping away Gamble from the role, to be succeeded by Chief Operating Officer Shailesh Jejurikar. Diageo July 16, The Johnnie Walker whisky 2025 and Guinness beer maker's CEO, Debra Crew, stepped down after two years in the job, with finance chief Nik Jhangiani taking over in the interim. Kenvue July 14, The Band-Aid and Tylenol 2025 maker fired its CEO Thibaut Mongon, laying what some investors expect will be the groundwork for an eventual sale of the entire company or pieces of it, and named director Kirk Perry as interim CEO. Hindusta July 10, Hindustan Unilever named n 2025 Priya Nair as managing Unilever director and CEO, replacing Rohit Jawa well before the completion of his five-year term as the company's chief. Hershey July 8, Hershey named burger chain 2025 Wendy's chief Kirk Tanner as its CEO, effective August 18, replacing Michele Buck, who is set to retire. Stanley June 30, The power tools maker Black & 2025 appointed operations chief Decker Christopher Nelson as its next CEO and president, effective October 1, succeeding Donald Allan Jr., who is set to retire. Unilever February The company ousted chief 25, 2025 executive Hein Schumacher, replacing him with finance chief Fernando Fernandez. (Reporting by Neil J Kanatt and Sanskriti Shekhar in Bengaluru; Editing by Andrea Ricci, Anil D'Silva and Alan Barona) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
