leadership
confidence high
sentiment neutral
materiality 0.60
VSCO eliminates COO position; CFO Scott Sekella promoted to Chief Financial & Operating Officer
Victoria's Secret & Co.
- Dein Boyle departs as COO effective Aug 19, 2025; remains in non-executive role through Dec 31, 2025.
- CFO Scott Sekella assumes additional responsibilities, promoted to Chief Financial and Operating Officer.
- Sekella's base salary increased to $825,000, effective Aug 24, 2025.
- Sekella receives one-time RSU grant of $250,000 vesting ratably over three years.
- Boyle entitled to severance per existing agreement subject to release; restrictive covenants apply.
item 5.02item 9.01