---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-026658"
form_type: "8-K"
ticker: "BBWI"
cik: "0000701985"
company_name: "Bath & Body Works, Inc."
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:34:53.046694+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bath & Body Works completes separation of Victoria's Secret; stockholders receive 1 VS share per 3 BBWI shares

## Summary
- Separation completed on August 2, 2021 via distribution of 100% of Victoria's Secret common stock.
- Stockholders of record as of July 22, 2021 received one Victoria's Secret share for every three Bath & Body Works shares.
- Entered into Separation and Distribution, Tax Matters, Transition Services, Employee Matters, and Domestic Transportation agreements.
- Bath & Body Works amended and restated its ABL credit facility with $750 million aggregate commitments, maturing in five years.
- Bath & Body Works retains no ownership interest in Victoria's Secret after the distribution.

## SEC filing metadata
- accession: 0001140361-21-026658
- form_type: 8-K
- ticker: BBWI
- cik: 0000701985
- company_name: Bath & Body Works, Inc.
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701985/000114036121026658/0001140361-21-026658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701985/000114036121026658/nt10026698x7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-026658
- JSON: https://secwatch.observer/filing/0001140361-21-026658.json
- Plain text: https://secwatch.observer/filing/0001140361-21-026658.txt

## Key facts
- Executive change
  Anne Sheehan resigned as Director at Bath & Body Works, Inc..
  - Action: resigned
  - Role: Director
  source text: On August 2, 2021, each of Donna A. James and Anne Sheehan resigned from the board of directors of Bath & Body Works to serve on the board of directors of Victoria’s Secret.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000114036121026658/0001140361-21-026658-index.htm
- Executive change
  Donna A. James resigned as Director at Bath & Body Works, Inc..
  - Action: resigned
  - Role: Director
  source text: On August 2, 2021, each of Donna A. James and Anne Sheehan resigned from the board of directors of Bath & Body Works to serve on the board of directors of Victoria’s Secret.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000114036121026658/0001140361-21-026658-index.htm
- Executive change
  Wendy C. Arlin was appointed as Executive Vice President and Chief Financial Officer at Bath & Body Works, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: Bath & Body Works appointed Wendy C. Arlin as Executive Vice President and Chief Financial Officer of Bath & Body Works, effective as of August 2, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000114036121026658/0001140361-21-026658-index.htm
- Executive change
  Chris Cramer was appointed as principal operating officer at Bath & Body Works, Inc..
  - Action: appointed
  - Role: principal operating officer
  source text: On August 2, 2021, Chris Cramer was appointed principal operating officer for Bath & Body Works.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000114036121026658/0001140361-21-026658-index.htm
- Executive change
  Stuart Burgdoerfer retired as Executive Vice President and Chief Financial Officer at Bath & Body Works, Inc..
  - Action: retired
  - Role: Executive Vice President and Chief Financial Officer
  source text: Stuart Burgdoerfer is retiring and ceased serving as Executive Vice President and Chief Financial Officer of Bath & Body Works, effective as of August 2, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000114036121026658/0001140361-21-026658-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.