Bath & Body Works CEO Andrew Meslow to step down due to health reasons

Bath & Body Works CEO Andrew Meslow to step down due to health reasons


Pedestrians walk past a Bath & Body Works store.

Craig Warga | Bloomberg | Getty Images

Bath & Body Works Chief Executive Officer Andrew Meslow is resigning from his role due to health reasons, the retailer announced Thursday in a securities filing.

Meslow will also be leaving his position as a member of Bath & Body Works’ board.

The changes will be effective May 12. The filing did not specify the nature of Meslow’s health issues.

Meslow took over as CEO of Bath & Body Works in May 2020, when it was still operating under the L Brands parent company alongside the lingerie maker Victoria’s Secret. He had been with the business for more than a decade prior.

L Brands split into two publicly traded retailers, Bath & Body Works and Victoria’s Secret, last year.

During the Covid pandemic, Bath & Body Works has been a retail winner thanks to its massive hand sanitizer and soaps business. As consumers have scooped up candles and other self-care items while spending more time at home, its sales have also seen a lift.

For the three-month period ended Jan. 29, Bath & Body Works reported net sales of $3 billion, up 11% from a year earlier.

Following a run-up in 2021, its shares are down about 22% year to date.

Find the securities filing from Bath & Body Works here.



Source

United Airlines CEO warns an extended shutdown will hurt bookings
Business

United Airlines CEO warns an extended shutdown will hurt bookings

CEO of United Airline Scott Kirby speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC. Alex Wong | Getty Images United Airlines CEO Scott Kirby said the federal government shutdown could hurt bookings if it continues. Despite the funding impasse, essential federal employees including Transportation Security […]

Read More
CNBC Sport: Apple’s Eddy Cue says sports streaming needs fixing as company nears F1 rights deal
Business

CNBC Sport: Apple’s Eddy Cue says sports streaming needs fixing as company nears F1 rights deal

Key Points Apple is about to announce a $140 million per year media rights deal with F1 for its U.S. rights, according to people familiar with the matter. Apple’s Eddy Cue said his company would like to buy more sports rights and would seek to change how broadcasts are done. “We’re not going to compromise,” said Cue. “We don’t […]

Read More
CNN ‘All Access’ streaming subscription to launch October 28 for .99 per year
Business

CNN ‘All Access’ streaming subscription to launch October 28 for $69.99 per year

The CNN building in Atlanta, Georgia, on Monday, May 17, 2021. Elijah Nouvelage | Bloomberg | Getty Images CNN is trying again at a full-service streaming subscription. The news network, owned by Warner Bros. Discovery, announced Thursday its “All Access” subscription will launch in the U.S. on October 28 and cost $6.99 per month or […]

Read More