8-K
filed May 13, 2022, 7:59 PM ET
ticker BBWI
CIK 0000701985
leadership
confidence high
sentiment neutral
materiality 0.70
CEO Meslow steps down for health; Sarah Nash named interim CEO
Bath & Body Works, Inc.
- Andrew Meslow resigned as CEO and director on May 12, 2022 due to health; Executive Chair Sarah Nash appointed interim CEO.
- President Julie Rosen's base salary increased 15% to $1M and short-term incentive target raised to 160% of base.
- CFO Arlin, President Rosen, and CHRO Riley each get cash retention bonuses ($1.2M, $2M, $1.2M) and performance share units.
- Stockholders approved Associate Stock Purchase Plan and say-on-pay with 95.68% support at annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert H. Schottenstein retired as member of the Board at Bath & Body Works, Inc..
- Action
- retired
- Role
- member of the Board
Exact text from the filing
Robert H. Schottenstein also retired from the Board on May 12, 2022, at the conclusion of the Annual Meeting.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew M. Meslow departed as Chief Executive Officer and Director at Bath & Body Works, Inc..
- Action
- stepped down
- Role
- Chief Executive Officer and Director
Exact text from the filing
Andrew M. Meslow stepped down as Chief Executive Officer of the Company and as a member of the Company’s Board of Directors (the “Board”) due to health reasons
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Sarah E. Nash was appointed as Interim Chief Executive Officer at Bath & Body Works, Inc..
- Action
- appointed
- Role
- Interim Chief Executive Officer
Exact text from the filing
Sarah E. Nash, Executive Chair of the Company, was appointed to also serve as Interim Chief Executive Officer of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James L. Bersani departed as President, Real Estate at Bath & Body Works, Inc..
- Action
- announced his retirement
- Role
- President, Real Estate
Exact text from the filing
James L. Bersani, President, Real Estate of the Company, announced his retirement from the Company, effective as of October 7, 2022.
View on SEC.gov
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