secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2022-05-13T23:59:59+00:00
Accession:  0000950103-22-008474
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Meslow steps down for health; Sarah Nash named interim CEO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000095010322008474/0000950103-22-008474-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000095010322008474/dp172990_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-22-008474

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer