By Beth Kowitt and Colleen Leahey
FORTUNE -- So much for a "little bit of time off."
This past summer, Day told Fortune she was planning to take some time away from the professional world once a new Lululemon CEO was named, to focus on friends and family and to finish a management book she's writing -- then "build something else again." Day, an executive at Starbucks (SBUX) prior to Lululemon, told Fortune at the time, "I have one more in me."
Former TOMS CEO Laurent Potdevin became Lululemon's chief only in December -- so Day's career news might feel a bit sudden. But the Luvo gig, a seemingly perfect blend of her past experiences with her personal interests, allows her to ease into the transition, starting part-time in April and joining the company full time in September. The Wall Street Journal reported that Luvo's founder, Steve Sidwell, first approached Day about the job in September 2013.
Day's appeal to both Lululemon and Starbucks also likely made her attractive to Luvo: an appreciation for culture along with an ability to scale a fast-growing enterprise and build a brand. She has a knack for taking small companies to the big leagues while maintaining their cool factor.
During her two decades at Starbucks, Day worked directly with founder and CEO Howard Schultz to help build the brand, most recently driving Starbucks Japan's stock price from the low teens to the low-50s between 2004 and 2007. She then joined Lululemon, managing its founder Chip Wilson's aspirations for the yoga retailer. Day helped hone his vision, creating focused messaging that transformed Lululemon into a cult-turned-mainstream brand.
Luvo promotes a healthy lifestyle, much like Starbucks and Lululemon. "In order to scale [a business], there has to be continuity of message, a continuity of purpose and an anchoring [of the message]," Day told Fortune in July. Based on Day's past career choices, it seems to fit her trajectory of working for companies that fit with her lifestyle.
Day, who is reported to own 15% of Luvo, has the chance to build another company -- this time without scrutiny from public shareholders. That doesn't mean that she's looking to get out of the limelight altogether. Luvo's investors include Derek Jeter and actress Jennifer Garner, which will keep the company in the public eye.
Day's past successes paint a promising future for Luvo: In the next few years, don't be surprised to see fit men and women, clad in their Lululemon gear with a Starbucks latte in hand, cluttering supermarkets' frozen food aisles as they pass over the Lean Cuisines and Healthy Choices to reach for a Luvo meal.
Sheila Marcelo on what she learned, who she admires, and what she regrets.
FORTUNE -- In 2006, Sheila Marcelo struggled to take care of two young children while she helped her father recover from a heart attack. Realizing she wasn't alone, she founded Care.com. The website helps connect parents, kids with elderly moms and dads, and pet owners with the appropriate care givers, making their lives drastically less stressful. Marcelo MOREColleen Leahey, Reporter - Jan 9, 2014 12:22 PM ET
The pharmaceutical executive reflects on moments throughout her career.
FORTUNE -- Heather Bresch has been at the helm of pharmaceutical-maker Mylan (MYL) since 2012. During her time as the Fortune 500 company's CEO, she's overseen a $1.6 billion acquisition of India's Agila Specialties and recently helped the School Access to Emergency Epinephrine Act, which will both boost Mylan's profits and save children's lives, get signed into law.
Fortune's Most Powerful Women started as a MOREColleen Leahey, Reporter - Nov 21, 2013 1:23 PM ET
The software giant says it's getting more touchy-feely, while the web portal is amping up the competitive environment for employees. It's the latest chapter in an ongoing debate about the best way to run a business.
By Jennifer Reingold, senior editor
FORTUNE -- Let the great management debate commence. Or should I say, continue.
By now, you've probably read that Microsoft (MSFT) and Yahoo (YHOO) -- two tech giants of the '90s MORENov 14, 2013 2:22 PM ET
The CST Brands CEO, who will join the list of Fortune 500 women CEOs in late 2014, gives an inside look into what makes her tick.
FORTUNE -- As chairman, president and CEO of CST Brands, Kim Bowers leads the convenience store retailer's more than 1,900 locations. Valero Energy spun off CST last May, and the company's $13.1 billion revenue will earn it a spot in the 2014 Fortune 500 -- and MOREColleen Leahey, Reporter - Nov 14, 2013 12:44 PM ET
A Morgan Stanley executive explains at Fortune's Most Powerful Women Asia event why boardrooms with more than one woman are so different.
By Scott Cendrowski, writer
FORTUNE -- Out of the half-dozen stage groupings at Fortune's Most Powerful Women event in Hong Kong on Tuesday, the panel that captured the most attention was one called "Boards Across Borders."
The topic of how to get more women on corporate boards is a lively one MORENov 13, 2013 10:09 AM ET
Sallie Krawcheck and Patty Stonesifer both left high profile corporate jobs and have found rewarding new paths.
By Catherine Dunn
FORTUNE -- Sallie Krawcheck and Patty Stonesifer -- once among the most senior women in their corporate fields – know a thing or two about starting over.
Krawcheck, who famously lost her job as head of Bank of America's (BAC) wealth management division during fallout from the financial crisis, this spring bought 85 MOREOct 17, 2013 3:02 PM ET
New America Foundation CEO Anne-Marie Slaughter explains how her views on women's career challenges differ from those expressed by Facebook's Sheryl Sandberg.Colleen Leahey, Reporter - Oct 17, 2013 2:42 PM ET
The vice chairman of the Clinton Foundation talks about her diverse career path and growing up in the spotlight.Oct 17, 2013 2:10 PM ET
U.S. Supreme Court Justice Elena Kagan joined Fortune's Pattie Sellers on stage at the Most Powerful Women Summit in Washington, DC.
What follows is an unedited transcript:
LEIGH GALLAGHER: Thank you, Nina, and congratulations to all of the mentees. We look forward to welcoming you back on the Summit stage again one day in the future.
We had hoped to hold tonight's event at the National Portrait Gallery of the Smithsonian. But the MOREOct 17, 2013 1:03 PM ET
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