Victoria Secret on hunt for new chief as CEO resigns

High-fashion lingerie brand Victoria’s Secret is looking for a new CEO following the unexpected resignation of Sharen Jester Turney who announced she was leaving last week after a decade in the leadership role.

The brand flourished under Turney’s tenure with sales hitting nearly $8 billion in its most recent fiscal year, according to Fortune, which reported the resignation was due to a desire to spend more time with family.

According to the report, L Brand chief Les Wexner is expected to take the role. L Brand, under Wexner’s direction, bought Victoria’s Secret for $1 million in 1982. Turney worked for L Brands for 16 years and the report states she will continue to serve in an advisory role.

Banner_frasco-suscripcion-800x250

«While she will be missed, we support her in her choice and wish her well,» Wexner stated in a statement, according to Fortune.

 

Fuente: www.retailcustomerexperience.com

 

 

Please enter your comment!
Please enter your name here