You will be able to get back to your browsing session in just a See the full leadership team at Craft. Limited Brands names new CEO for Bath and Body Works Pedestrians walk past a Bath & Body Works store. You may also review press releases, news articles and more. Bath & Body Works, Victoria's Secret fight inflation, supply chain problems, Your California Privacy Rights / Privacy Policy. We're dedicated to crafting fragrances and formulas our customers can trust. She previously served in several leadership roles at Harvard including adjunct lecturer and senior fellow at Harvard Kennedy School (HKS), executive director at the Center for Public Leadership at HKS, and executive director of Executive Education at Harvard Business School. I am personally grateful for the incredible partnership we have shared over the last two years and, on behalf of the Board and the entire Bath & Body Works organization, I offer Andrew and his family all of our best thoughts and wishes., I am honored to take on the role of Executive Chair and Interim CEO while the Board completes a search for Bath & Body Works next leader, continued Ms. Nash. Les Wexner founded L Brands, a global retail empire that included Victoria's Secret and Bath & Body Works, and served as CEO for more than 5 decades. Creating products you love and believe in. We strive to create an inclusive culture for our associates and our customers. Bath & Body Works has been among the biggest pandemic winners thanks to demand for its sanitizers, scented candles and air fresheners from people spending more time at home due to the rise of remote working. Nash, an investment banking veteran and the top boss of thermal management products maker Novagard Solutions, has also been named executive chair of the company. "Ginas customer-centric mindset, multi-channel expertise and passion for building high-performance cultures make her the ideal leader for Bath & Body Works next growth chapter," Nash said. Business Incorporated: 1/28/2005. Earlier in her career, she served as chief operating officer of Avon North America and held senior positions at Ford Motor Company and the Este Lauder Companies Inc. Bath & Body Works Chief Executive Officer Andrew Meslow is resigning from his role due to health reasons, the retailer announced Thursday in a securities filing. The company has created the role of Chief Customer Officer and a search is well underway. Sixteen-year-old Casey Phair, born in the United States, has been included in South Korea's squad for the Women's World Cup. Bath & Body Works taps Unilever exec as CEO | Retail Dive FAQs. Learn how we create a supportive environment focused on our people. Symancyk has over 25 years of industry experience managing complex retail organizations, including with roles of increasing responsibility with each of Academy Sports + Outdoors, Meijer and Walmart Stores. Prior to joining Bath & Body Works, Boswell was a senior executive with Unilever where she led multibillion- dollar businesses in North America and the U.K., first in personal care and then across the . Don't worry. Review financial reports, stock performance and governance materials, and connect to our shareholder center. Boswell has been recognized as a Woman to Watch by Ad Age, Marketer of the Year and 50 Most Influential People in Beauty by Womens Wear Daily and Top 50 2015 Brand Innovator and Achiever of the Year by Cosmetic Executive Women. Apr 05, 2023. BBWI | Bath & Body Works Inc. Company Profile & Executives - WSJ Its net sales surged 22% in the year ended Jan. 29. Get this delivered to your inbox, and more info about our products and services. Bath & Body Works, Inc.will conduct its fourth quarter earnings call tomorrow, Feb. 24 at9:00 a.m.Eastern. We want to hear from you. Weve selected the worlds best cruises for families, from those with younger children to expedition-minded voyagers and groups with a wide variety of interests. Got a confidential news tip? We provide access to our media gallery and blog articles. Wendy Arlin will step down as Chief Financial Officer, effective July 29, 2023, or earlier if a successor is named. Learn about our approach to sustainability and environmental responsibility. Ms. Nash is Trustee of the New York-Presbyterian Hospital, a member of the National Board of the Smithsonian Institution and a member of Smithsonian Tropical Research Institute (STRI), Panama. Hondal also spent 17 years at the American Express Company in global and regional roles within its consumer services division in general management, marketing and finance roles. About Multi-disciplined marketing executive with over 30 years of experience in building iconic retail brands and developing new business strategies. At Bath & Body Works, everybody belongs. In 2015, she took over as Head of Unilever UK and Ireland, responsible for the profit and loss across all personal care, home care and food/refreshment categories. Based on our data team's research, Sarah Elizabeth Nash is the Bath & Body Works's CEO. Got a confidential news tip? Andrew Meslow, CEO of Bath & Body Works, became L Brands CEO at the annual meeting. Morris served as a director of Alcoa Inc., a producer of aluminum, from 2008 to 2016, until Alcoa Inc.s separation into two standalone, publicly traded companies, Alcoa Corporation (Alcoa) and Arconic Inc., and thereafter as the Chairman of the board of directors of Alcoa, a producer of bauxite, alumina and aluminum, until his retirement from Alcoas board in 2021. About Thilina GunasingheMr. Bath & Body Works serves and delights customers however and wherever they want to shop, from welcoming, in-store experiences at more than 1,800 company-operated Bath & Body Works locations in the U.S. and Canada and more than 425 international franchised locations to an online storefront at bathandbodyworks.com. Bath & Body Works has also hired Kelie Charles as Chief Diversity Officer to further develop its DEI strategies. Adding a dedicated Chief Digital & Technology Officer and Chief Customer Officer to our leadership team structure will help refine our focus as we work to expand our customer base, elevate our brand, further strengthen customer loyalty and ultimately drive growth and profitability, Ms. Boswell said. 7 Limited Pkwy E, Reynoldsburg, OH 43068-5300. Bath & Body Works, Inc. COLUMBUS, Ohio, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (formerly known as L Brands, Inc.) (NYSE: BBWI) today announced that Andrew Meslow will step down as Chief Executive Officer and as a member of the Board of Directors, due to health reasons, effective May 12, 2022. Apparel retailer Limited Brands Inc. <LTD.N> appointed Diane Neal as chief executive officer of its Bath and Body Works division, replacing Neil Fiske, who is joining Eddie Bauer Holdings Inc . Bath & Body Works has appointed Gina Boswell as CEO and member of the board, effective from 1 December. We're dedicated to crafting fragrances and formulas our customers can trust. Broadly speaking, planners in Kyiv have two options: to form a combined-arms battalion around the Swedish-made equipment; or to supplement the ex-Swedish hardware. Morris served as a director of Spectra Energy Corp., one of North Americas leading natural gas infrastructure companies, from 2013 through its acquisition by Enbridge Inc. in 2017. 2023 CNBC LLC. Since September 2020, she has served as a director of Equitable Holdings, Inc., a financial service holding company comprised of two principal franchises, Equitable and AllianceBernstein. Nash is Chair of the Board, Chief Executive Officer and majority shareholder of privately held Novagard Solutions. Sarah E. Nash served as interim CEO since May. He had been with the business for more than a decade prior. She was also recognized as one of the Top 100 Chief Digital Officers of 2022 by Hewlett Packard Enterprise. Most recently the Chief Marketing Officer and. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Earlier in her career, Boswell held leadership and business development roles at Avon Products Inc., Ford Motor Company and The Este Lauder Cos. Nash said, The board is confident that her industry knowledge and collective skill set will help the company in continuing to enhance our omni approach, executing our merchandising initiatives, and accelerating growth across channels, categories and regions to ultimately drive enhanced value for shareholders., For her part, Boswell added, I see tremendous potential to leverage the companys deep customer connections, significant product innovation capabilities and vertically integrated supply chain to advance Bath & Body Works growth and drive shareholder value., In August, the company revealed that it had eliminated about 130 roles, the majority of which were leadership positions as it pursues a number of initiatives to improve financial performance and better position the organization for long-term growth.. Notably, Wendy was an instrumental member of the team that led the successful spin-off of the Victorias Secret business and established Bath & Body Works as a standalone public company, in addition to her work building a strong finance team and helping the company navigate the dynamic operating environment. Chief Executive Officer and Director. Mr. Gunasinghe joins Bath & Body Works from McDonalds Corporation where he most recently served as Global Vice President, Chief Technology Architect & Data Officer and was responsible for leading all customer, digital and restaurant technology architecture and data globally. reference, Committee Charters and Governance Materials, Notice of Settlement of Shareholder Derivative Actions, Do Not Sell or Share My Personal Information (Certain States). Sign up for free newsletters and get more CNBC delivered to your inbox. President, Grocery & Snacks, Conagra Brands, Inc. Brady is President, Grocery & Snacks at Conagra Brands, Inc. (Conagra) and is leading Conagras ongoing modernization and growth of Conagras $5 billion grocery and snacks portfolio. President, Chief Executive Officer and Board Member, PetSmart LLC, Senior Vice President and Chief Financial Officer, The Hershey Company. A Division of NBCUniversal. After much consideration and many discussions with my family, I have decided to step down as CEO so that I can focus on my health. An employee with a face mask and shield cleans the door of Bath & Body Works store on July 21, 2020 in Pembroke Pines, Florida. Symancyk has served as President and Chief Executive Officer and a director of PetSmart LLC, a large specialty pet retailer, since June 2018. Bath & Body Works, Inc., All Rights Reserved. Boswell has served on the boards of ManpowerGroup, Wolverine Worldwide, ACCO Brands and Applebees. Betsy Schumacher | LinkedIn Symancyk also served on the board of directors of Chewy, Inc., an online retailer for pet products, supplies and prescriptions, from April 2019 through July 2021, and GameStop Corp., from March 2020 to June 2021. browser Mike Trout's broken hand will keep him out 6-8 weeks and make it harder for the Angels to reach the playoffs and re-sign Shohei Ohtani. He will also be leaving his position as a member of Bath & Body Works' board. Risks associated with the following factors, among others, in some cases have affected and in the future could affect our financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this press release or otherwise made by our company or our management: We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. She managed a multibillion-dollar portfolio of more than 20 personal care brands, including Axe, Degree, Dove, Vaseline, Tresemm and Suave. We thank him for his years of service to the company and appreciate his willingness to continue to serve as CEO until May to help ensure a smooth transition. A veteran of. "I know the. The company cited health reasons for Meslow's . He was previously with McDonalds Corporation for over nine years, most recently serving as Global Vice President, Chief Technology Architect & Data Officer at McDonalds Corporation from March 2019 through November 2022. The Board plans to retain a national search firm to assist in identifying a permanent Chief Executive Officer. Find Bath and Body Works job listings, benefits, CEO and corporate leadership ratings, and reviews from verified current employees. Please click the box above and you'll be on your way. Meslow will also be leaving. His vision, guidance and commitment to building a positive culture has positioned Bath & Body Works as an industry leader. Your experience may vary. In addition, I am pleased Julie will continue to oversee our sales channels, product and innovation, complemented by the new Chief Customer Officer role. To facilitate a smooth transition, Sarah E. Nash, Chair of the Board of Directors, has been appointed Executive Chair, effective immediately, and will assume the role of Interim Chief Executive Officer upon Mr. Meslows departure. Hints, clues and the daily Wordle answer. Chief Executive Officer and Director, Bath & Body Works, Inc. Committee Charters and Governance Materials, Notice of Settlement of Shareholder Derivative Actions, Do Not Sell or Share Personal Information (Certain States). It's also only one of about 10 retailers on that list that can make that claim. I look forward to partnering with the board, leadership team and the talented associates. Bath & Body Works CEO Andrew Meslow to step down - CNBC Bath & Body Works was founded in 1990 and became a standalone public company in August 2021. Boswell joined Unilever as Executive VP of Personal Care in North America in 2011. Each stock car must be in tip-top condition before its presented to students on pit lane. Nash will remain executive chair until the end of the Columbus company's fiscal year on Jan. 28, and then transition back to chair of the board. From January 2004 until November 2011, Morris served as the President, Chief Executive Officer and Chairman of American Electric Power. 2023 Forbes Media LLC. I look forward to working with Thilina, Julie and the rest of our leadership team to build and accelerate the companys leadership as a global omnichannel personal care and home fragrance brand., Ms. Boswell continued, We are grateful for Wendys significant contributions to Bath & Body Works, and appreciate her commitment to ensuring a smooth transition. Prior to being appointed Executive Chair, she served as Chair of the Board between May 2020 and February 2022 after having joined the Board as an independent director in May 2019. Board of Directors | Bath & Body Works, Inc. 9 min read Bath & Body Works, Inc. Thilina Gunasinghe Appointed Chief Digital & Technology Officer; Company Creates New Chief Customer. L Brands split into two publicly traded retailers, Bath & Body Works andVictoria's Secret, last year. She also served as a member of the National Board of the Smithsonian Institution through 2022. Betsy Schumacher Columbus, Ohio Metropolitan Area 2K followers 500+ connections Join to view profile Bath & Body Works Personal Website About Throughout my career in specialty retail, I. He was the company's. Bath & Body Works Chief Executive Officer Andrew Meslow is resigning from his role due to health reasons, the retailer announced Thursday in a securities filing. Bath & Body Works | Better Business Bureau Profile Boswell serves as chief executive officer of Bath & Body Works Inc., having joined the business and its board of directors in December 2022. Bath & Body Works has appointed Chair Sarah Nash as its interim CEO and plans on identifying a permanent replacement. Bath & Body Works makes tactical move, adds Tiffany boss to Board of Directors, Bath & Body Works reports record sales as CEO steps down, Victoria's Secret expands China business with joint venture, L Brands approves split up of Victorias Secret business, Victorias Secret owner L Brands raises profit guidance, L Brands negotiates through pandemic with record Q3 sales, Bath & Body Works introduces new festive fragrances, Cosmetics survive the cut as Victorias Secret scales back, before stepping down due to health reasons, Bath & Body Works has also hired Kelie Charles as Chief Diversity Officer. Thilina is an accomplished technology leader who brings more than two decades of business, data and technology experience, and his skills will be integral to Bath & Body Works as we advance our digital capabilities and unlock the potential of our omnichannel model. About Us - Impacts Through Fragrance | Bath & Body Works, Inc. . Bath & Body Works is a leader in personal care and home fragrance, so we understand the positive impact we can make. Additional information regarding these and other factors can be found in Item 1A. Review financial reports, stock performance and governance materials, and connect to our shareholder center. At Bath & Body Works, everybody belongs. The changes will be effective May12. Financial. All Rights Reserved. In this role, he led the architecture, data, analytics and implementation of McDonalds digital technology platform that first enabled global capabilities such as mobile ordering, home delivery and customer loyalty. Patou unofficially opened Paris Haute Couture Week, Iris Van Herpen fused tech and tradition and Charles de Vilmorin started his label afresh with surrealist sculptures. Board member Sarah Nash replaced Wexner as chairwoman. Top News Stories Alerts Straight to your Inbox. This website stores data such as cookies to enable site functionality including analytics and personalization. In this newly created role, Mr. Gunasinghe will lead Bath & Body Works digital and technology strategy, digital operations, data and analytics, and transformation. Bath & Body Works appreciates and values our customers' input, and we welcome comments regarding our products and service. Working at Bath and Body Works - Careers & Benefits | JobSage Meslow in early 2020 took over the reins at then-L Brands from founder Leslie Wexner after holding several positions at the company over nearly two decades. Bath & Body Works, Inc.:Investor RelationsHeather HollanderInvestorRelations@bbw.com, Media RelationsTammy Roberts MyersCommunications@bbw.com, Ransomware criminals are dumping kids' private files online after school hacks, Some Middle Eastern firms pushing IPO plans to 2024 - BofA, GRAPHIC-Indian equities benefit most from June foreign inflows into Asia, Russian rouble weakens back towards 90 vs dollar, Investors Slash Outlook forAsia Stocks on Fading China Optimism. In addition to Mr. Gunasinghe, Ms. Rosen and the new Chief Customer Officer, other leaders who will report directly to Ms. Boswell are: Tom Mazurek, Chief Supply Chain Officer; Bruce Mosier, Executive Vice President, Logistics; Deon Riley, Chief Human Resources Officer; and, Michael Wu, Chief Legal Officer. Erica Thompson The Columbus Dispatch Bath & Body Works has named Gina Boswell as its new CEO, closing out a national search to replace Andrew Meslow, who stepped down in May. This website requires Javascript for some parts to function properly. His ex-confidant and financial manager Jeffrey Epstein was accused of sex trafficking; in mid 2019 Wexner said the late Epstein took funds from him. Photos. Nash is also, chief executive officer and owner of privately held Novagard Solutions, an innovator and manufacturer of silicone sealants and coatings and hybrid and foam solutions for the Building Systems, Electronics, EV and Battery and Industrial and Transportation markets. About Bath & Body WorksHome of Americas Favorite Fragrances, Bath & Body Works is a global leader in personal care and home fragrance, including the top-selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Steinour has been the Chairman, President and Chief Executive Officer of Huntington Bancshares Incorporated, a regional bank holding company, since 2009. Meslow took over as CEO of Bath & Body works in May 2020, when it was still operating under the L Brands parent company alongside the lingerie maker Victoria's Secret. "I see tremendous potential to leverage the companys deep customer connections, significant product innovation capabilities and vertically integrated supply chain to advance Bath & Body Works growth and drive shareholder value.". After a lengthy search, Bath & Body Works Inc. finally has a new chief executive officer. The press release is available in the Investor Relations section of the companys website. What, And Where, Is Ukraines High-Tech Swedish Brigade? After months of negotiations, a dealTHE dealhad been struck, selling off the company's signature enterprise, Victoria's Secret, to private equity firm Sycamore Partners. Bath & Body Works appoints Gina Boswell new CEO - The Columbus Dispatch Gunasinghe has a successful track record of unlocking business growth and delivering quantifiable results through deep engineering, architecture and machine learning solutions. Bath & Body Works, Inc. She served on the board of directors of Knoll, Inc., a designer and manufacturer of lifestyle and workplace furnishing, textiles and fine leathers, from 2006 through its acquisition by Herman Miller, Inc. in 2021 and privately held Irving Oil Company through March 2022. Meslow took over as CEO of Bath & Body Works in May 2020, when it was still operating under the L Brands parent company alongside the lingerie maker Victoria's Secret. You might have received this message if JavaScript or cookies were disabled in your Leslie Wexner, L Brands chairman and CEO, steps down - USA TODAY From 1997 until 2003, he served as the President, Chairman and Chief Executive Officer of Northeast Utilities, the largest electric utility in New England. Bath & Body Works Chief Executive Officer Andrew Meslow is resigning from his role this month due to health reasons. Making the world a brighter, happier place through the power of fragrance. Warner Bros. just entered a major geopolitical dispute. Risks associated with the following factors, among others, in some cases have affected and in the future could affect our financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this press release or otherwise made by our company or our management: general economic conditions, inflation, consumer confidence, consumer spending patterns and market disruptions including pandemics or significant health hazards, severe weather conditions, natural disasters, terrorist activities, financial crises, political crises or other major events, or the prospect of these events; the anticipated benefits from the Victoria's Secret & Co. spin-off may not be realized; the spin-off of Victorias Secret & Co. may not be tax-free for U.S. federal income tax purposes; our dependence on Victoria's Secret & Co. for information technology services and the transition of such services to our own information technology systems or to those of third-party technology service providers; our ability to attract, develop and retain qualified associates and manage labor-related costs; difficulties arising from turnover in company leadership or other key positions; the dependence on store traffic and the availability of suitable store locations on appropriate terms; our continued growth in part through new store openings and existing store remodels and expansions; our ability to successfully operate and expand internationally and related risks; our independent franchise, license and wholesale partners; our ability to protect our reputation and our brand image; our ability to successfully complete environmental, social and governance initiatives, and associated costs thereof; our ability to successfully achieve expected annual cost savings in connection with our profit optimization efforts to reduce expenses and improve operating efficiency in the business; our ability to attract customers with marketing, advertising and promotional programs; our ability to maintain, enforce and protect our trade names, trademarks and patents; the highly competitive nature of the retail industry and the segments in which we operate; consumer acceptance of our products and our ability to manage the life cycle of our brand, develop new merchandise and launch new product lines successfully; our ability to source, distribute and sell goods and materials on a global basis, including risks related to: political instability, wars and other armed conflicts, environmental hazards or natural disasters; significant health hazards or pandemics, such as the COVID-19 pandemic, which could result in closed factories and/or stores, reduced workforces, scarcity of raw materials, and scrutiny or embargoing of goods produced in impacted areas; local business practices and political issues; delays or disruptions in shipping and transportation and related pricing impacts; changing expectations regarding product safety due to new legislation; our geographic concentration of vendor and distribution facilities in central Ohio; our reliance on a limited number of suppliers to support a substantial portion of our inventory purchasing needs; the ability of our vendors to deliver products in a timely manner, meet quality standards and comply with applicable laws and regulations; fluctuations in foreign currency exchange rates; our ability to adequately protect our assets from loss and theft; increases in the costs of mailing, paper, printing or other order fulfillment logistics; our and our third-party service providers, including Victorias Secret & Co. during the term of the Transition Services Agreement between us and Victorias Secret & Co., ability to implement and maintain information technology systems and to protect associated data; our ability to maintain the security of customer, associate, third-party and company information; our ability to pay dividends and make share repurchases under share repurchase authorizations; our ability to maintain our credit ratings; our ability to service or refinance our debt and maintain compliance with our restrictive covenants; the impact of the transition from London Interbank Offered Rate (LIBOR) and our ability to adequately manage such transition; our ability to comply with laws, regulations and technology platform rules or other obligations related to data privacy and security; our ability to comply with regulatory requirements; We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized.

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