Bath & Body Works CEO Andrew Meslow to step down in May; Sarah Nash gets $18M RSU award as Interim CEO

Bath & Body Works, Inc.

CEO Andrew Meslow will step down effective May 12, 2022 due to health reasons; remains CEO through that date.
Board Chair Sarah E. Nash appointed Executive Chair from Feb 22, 2022 and Interim CEO from May 12, 2022.
Nash granted $18M restricted stock unit award (374,376 shares) vesting in three equal annual installments subject to continued service.
Stephen D. Steinour appointed Interim Lead Independent Director by the Board.
Nash may receive additional base salary and short-term incentive compensation, to be determined later.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Sarah E. Nash

Executive Chair

BBWI · Bath & Body Works, Inc.

Effective: 2022-02-22
Filed: March 11, 2022, 6:59 PM ET

the Board of Directors (the “Board”) of the Company appointed Board Chair Sarah E. Nash as Executive Chair, effective as of February 22, 2022

Departed

Andrew M. Meslow

Chief Executive Officer

BBWI · Bath & Body Works, Inc.

Effective: 2022-05-12
Successor: Sarah E. Nash
Filed: March 11, 2022, 6:59 PM ET

Andrew M. Meslow will be stepping down as Chief Executive Officer and as a member of the Board due to health reasons.

Appointed (interim)

Sarah E. Nash

Interim Chief Executive Officer

BBWI · Bath & Body Works, Inc.

Effective: 2022-05-12
Filed: March 11, 2022, 6:59 PM ET

effective as of May 12, 2022, Ms. Nash will be appointed Interim Chief Executive Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sarah E. Nash was appointed as Executive Chair at Bath & Body Works, Inc..

Action: appointed
Role: Executive Chair

Exact text from the filing

the Board of Directors (the “Board”) of the Company appointed Board Chair Sarah E. Nash as Executive Chair, effective as of February 22, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew M. Meslow departed as Chief Executive Officer at Bath & Body Works, Inc..

Action: stepping down
Role: Chief Executive Officer

Exact text from the filing

Andrew M. Meslow will be stepping down as Chief Executive Officer and as a member of 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

effective as of May 12, 2022, Ms. Nash will be appointed Interim Chief Executive Officer

View on SEC.gov

Bath & Body Works, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-032946

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