Lululemon has promoted Meghan Frank to chief financial officer. She is the first woman to hold the post at the apparel brand. Frank has been serving since April as interim co-CFO alongside Alex Grieve, Lululemon’s vice president and controller. Frank began her career as an associate with Wainwright Investment Counsel before spending five years as a merchandising director for Saks Fifth Avenue and another nine months in merchandise planning for Bluefly. There followed a decade in financial planning with J.Crew and a year back in merchandise planning with Ross. She was hired by Lululemon in 2016 as senior vice president of financial planning and analysis. She will now be overseeing the company’s finance, taxes, treasury, investor relations, asset protection, facilities, operational efficiency and strategy. Lululemon has also reported the addition of a new member to its board of directors, Kourtney Gibson, who is president of Loop Capital Markets, a large American private investment banking, brokerage and advisory firm. Among other functions, she is a member of the Treasury Market Practices Group sponsored by the Federal Reserve Bank of New York and the Economic Club of Chicago.