L Brands has said that board member Sarah Nash will be replacing Les Wexner as the chair of the board. The move will happen once L Brands closes on its deal to sell a majority of its stake in Victoria's Secret to Sycamore Partners. At which point, Wexner will step down as CEO of Victoria's Secret and assume a chair emeritus position. In addition...
13 Mar 2020
L Brands, Inc. has announced the appointment of Sarah E. Nash as Chair of the board of directors, effective upon the close of the transaction to sell a majority interest in Victoria’s Secret to Sycamore Partners. As previously announced on February 20, 2020, the company said in a statement, Leslie H. Wexner will step down as chief executive...
