Victoria's Secret CEO Jan Singer has resigned amid a sales slump and competition from young companies challenging the brand's grip on the lingerie industry. Waters will report to Stuart Burgdoerfer, interim ceo of Victoria’s Secret and chief financial officer of L Brands. L Brands Inc. LB, -1.43% said Wednesday that it has named Martin Waters as chief executive of the Victoria's Secret lingerie brand, replacing John Mehas who had only been in … A once-high powered executive for the lingerie empire Victoria’s Secret has resigned. The chief executive of Victoria’s Secret is leaving after just two years, a person with knowledge of … Courtesy of Spanx Between 2015 and 2018, sales began to falter. Victoria’s Secret CEO Jan Singer has resigned amid a sales slump and competition from young companies challenging the brand’s grip on the lingerie industry. Effective immediately, the company has tapped Martin Waters, current head of L Brands' international division, as CEO of Victoria's Secret, replacing John Mehas, who has served in … One week after its annual catwalk extravaganza, Victoria’s Secret CEO Jan Singer has resigned from her role at the lingerie giant. Victoria's Secret. Victoria’s Secret looked like it might pull off the impossible: engineer a tentative turnaround for its battered brand despite the pandemic. Victoria’s Secret models pen open letter calling for CEO to action against sexual abuse. CEO, Victoria's Secret Beauty Greater New York City Area 500+ connections. That wasn’t enough to save its CEO. New CEO at Victoria’s Secret Nash continued: “Laura brings a wealth of experience and knowledge to the role of CHRO, combined with a passion for helping people reach their full potential. Jan Singer became CEO of Victoria's Secret Lingerie in September 2016. Victoria's Secret shop in Lisbon, Portugal. See the full leadership team at Craft. The CEO of Victoria's Secret's lingerie division, Jan Singer, has resigned and plans to step down after working at the retailer for two years, a person briefed on the matter told CNBC. Other executives include Patrick Sanderson, President & COO. L Brands has announced several key leadership appointments at Victoria’s Secret. Crew's new CEO, the company said Tuesday. Becky’s deep knowledge of our stores organization and the customer will help us deliver success as we approach the holiday season and beyond. John Mehas, CEO of Victoria’s Secret Lingerie since February 2019, was replaced on Wednesday with no reason given by the company. NEW YORK: The CEO of American clothing and lingerie brand Victoria's Secret has resigned amid flagging sales and controversy around a lack … Columbia University - Columbia Business School. In February, Wexner stepped down as CEO of Victoria’s Secret amid scrutiny about his relationship with Epstein. Corbis via Getty Images. Report this profile; Activity. Victoria’s Secret parent company L Brands made it official during its quarterly earnings release. Ed Razek, CMO of L Brands’ Victoria’s Secret, is stepping down after 36 years with … Some in the industry say such tone-deafness may be a result of the 2016 departure of Victoria’s Secret’s longtime CEO Sharen Jester Turney, who’d guided the brand for a … L Brands (LB: NYSE), owner of Victoria’s Secret, announced Wednesday it named Martin Waters as the new CEO of the lingerie business in hopes … THE WHAT? The Wall Street Journal first reported Singer’s departure last week. Crew has turned to an executive from another struggling brand, Victoria's Secret, to lead its turnaround. J. A company veteran has taken over the reins at Victoria’s Secret. Victoria’s Secret CEO Jan Singer Is Out After Two Years. Miller, meanwhile, has more than 30 years experience working in human resources. More than 120 of the biggest names in fashion signed an open letter to Victoria's Secret "to express our concern for the safety and wellbeing of the models. Martin Waters was named CEO of Victoria’s Secret Lingerie, replacing John Mehas. Join to Connect. Victoria's Secret's CFO is Pamela Edwards. Miller, meanwhile, has more than 30 years experience working in human resources. As for the personnel changes, Martin Waters was named CEO of Victoria’s Secret Lingerie, succeeding John Mehas, who had taken the post in February 2019. The news comes after CMO of L Brands, Victoria Secret's parent company, Ed Razek came under fire for claiming that the brand had “no interest” in featuring plus-size models or trans models on its runway. Martin Waters, who … Victoria's Secret Sold for $525M Amid Months of Scandal as CEO of Parent Company L Brands Steps Down this link is to an external site that may or may not meet accessibility guidelines. Jan Singer will become J. Shop the Victoria's Secret Sale and save on all your favorite bras, panties, lingerie, sleepwear, sportswear and more! At the time, Wexer stressed he was unaware of any “illegal activity” by Epstein. Ed Razek is leaving Victoria's Secret and its parent company L Brands, according to an internal memo cited by a number of publications including the … Victoria’s Secret Names Martin Waters as CEO In addition, parent company L Brands has added a number of senior-level executives to the leadership team to help turn the business around. Waters will report to Stuart Burgdoerfer, interim ceo of Victoria’s Secret and chief financial officer of L Brands. Parent company L Brands abruptly replaced John Mehas with the head of its international division, Martin Waters, as the lingerie label’s chief on Wednesday, ousting him after less than two years in the role. 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