- After about two years in the position
- Praise, thanks and good wishes for Meslow
- Sarah Nash taking over temporarily
- Search for a successor
- Meslow spoke at length and said 159 words
(exechange) — Columbus, Ohio, February 23, 2022 — Andrew Meslow, chief executive of Bath & Body Works, leaves. As announced by Bath & Body Works Inc. in a news release and in a regulatory filing published on Wednesday, February 23, 2022, Andrew M. Meslow leaves his post as chief executive officer at the retailer, formerly known as L Brands Inc., after about two years in the role, effective May 12, 2022.
The announcement comes less than a year after Bath & Body Works, a maker of home and body fragrances, became an independent public company. L Brands split itself last year into two firms Bath & Body Works and Victoria’s Secret.
Bath & Body Works will undertake a search for a successor.
Andrew Meslow’s duties as CEO will be taken over temporarily by Sarah E. Nash, most recently Chair of the Board of Directors at Bath & Body Works Inc., as Interim Chief Executive Officer.
Andrew Meslow’s departure from the CEO post is explained as follows. Bath & Body Works said: “Andrew Meslow will step down as Chief Executive Officer and as a member of the Board of Directors, due to health reasons, effective May 12, 2022.”
Bath & Body Works said: “Effective May 12, 2022, Ms. Nash will be appointed Interim Chief Executive Officer, and Andrew M. Meslow will step down as Chief Executive Officer and as a member of the Board due to health reasons.”
Share price decline since August 2021
The announcement follows a decline in Bath & Body Works Inc.’s share price of 20% since August 2021.
In the position of CEO since 2020
Andrew Meslow became CEO of the Company in 2020.
Meslow is the Chief Executive Officer of the Company.
Prior to his appointment as the Chief Executive Officer of the Company in May 2020, Meslow was the Chief Executive Officer of Bath & Body Works, a subsidiary of the Company, from February 2020 to May 2020.
From 2012 to February 2020, he was the Chief Operating Officer of Bath & Body Works.
Meslow also served in other positions at the Company and its subsidiaries from 2003, when he joined the Company, to 2012.
Push-out Score not determined
When the reason for the departure is health-related, a Push-out Score™ is not determined.
Read the full story in the exechange report 9.2022 ($).