Victoria’s Secret parent company L Brands made it official during its quarterly earnings release. THE WHAT? Corbis via Getty Images. Parent company L Brands abruptly replaced John Mehas with the head of its international division, Martin Waters, as the lingerie label’s chief on Wednesday, ousting him after less than two years in the role. The news comes after CMO of L Brands, Victoria Secret's parent company, Ed Razek came under fire for claiming that the brand had “no interest” in featuring plus-size models or trans models on its runway. One week after its annual catwalk extravaganza, Victoria’s Secret CEO Jan Singer has resigned from her role at the lingerie giant. Shop the Victoria's Secret Sale and save on all your favorite bras, panties, lingerie, sleepwear, sportswear and more! Victoria's Secret's CFO is Pamela Edwards. Martin Waters was named CEO of Victoria’s Secret Lingerie, replacing John Mehas. Miller, meanwhile, has more than 30 years experience working in human resources. Waters will report to Stuart Burgdoerfer, interim ceo of Victoria’s Secret and chief financial officer of L Brands. That wasn’t enough to save its CEO. Ed Razek, CMO of L Brands’ Victoria’s Secret, is stepping down after 36 years with … Victoria’s Secret CEO Jan Singer Is Out After Two Years. Victoria’s Secret looked like it might pull off the impossible: engineer a tentative turnaround for its battered brand despite the pandemic. New CEO at Victoria’s Secret Nash continued: “Laura brings a wealth of experience and knowledge to the role of CHRO, combined with a passion for helping people reach their full potential. Victoria’s Secret Names Martin Waters as CEO In addition, parent company L Brands has added a number of senior-level executives to the leadership team to help turn the business around. Victoria's Secret shop in Lisbon, Portugal. John Mehas, CEO of Victoria’s Secret Lingerie since February 2019, was replaced on Wednesday with no reason given by the company. Victoria’s Secret CEO Jan Singer has resigned amid a sales slump and competition from young companies challenging the brand’s grip on the lingerie industry. Jan Singer will become J. Becky’s deep knowledge of our stores organization and the customer will help us deliver success as we approach the holiday season and beyond. Miller, meanwhile, has more than 30 years experience working in human resources. The Wall Street Journal first reported Singer’s departure last week. Report this profile; Activity. Victoria's Secret Sold for $525M Amid Months of Scandal as CEO of Parent Company L Brands Steps Down this link is to an external site that may or may not meet accessibility guidelines. Victoria's Secret CEO Jan Singer has resigned amid a sales slump and competition from young companies challenging the brand's grip on the lingerie industry. Join to Connect. Ed Razek is leaving Victoria's Secret and its parent company L Brands, according to an internal memo cited by a number of publications including the … A once-high powered executive for the lingerie empire Victoria’s Secret has resigned. Victoria’s Secret models pen open letter calling for CEO to action against sexual abuse. More than 120 of the biggest names in fashion signed an open letter to Victoria's Secret "to express our concern for the safety and wellbeing of the models. See the full leadership team at Craft. The CEO of Victoria's Secret's lingerie division, Jan Singer, has resigned and plans to step down after working at the retailer for two years, a person briefed on the matter told CNBC. CEO, Victoria's Secret Beauty Greater New York City Area 500+ connections. Courtesy of Spanx Between 2015 and 2018, sales began to falter. Waters will report to Stuart Burgdoerfer, interim ceo of Victoria’s Secret and chief financial officer of L Brands. L Brands has announced several key leadership appointments at Victoria’s Secret. A company veteran has taken over the reins at Victoria’s Secret. Columbia University - Columbia Business School. NEW YORK: The CEO of American clothing and lingerie brand Victoria's Secret has resigned amid flagging sales and controversy around a lack … In February, Wexner stepped down as CEO of Victoria’s Secret amid scrutiny about his relationship with Epstein. L Brands, the parent company of Victoria’s Secret, is losing its longtime chief marketing officer Ed Razek, a departure that adds to the turbulence at the once-dominant lingerie company. The author of book on Epstein says that bad press about the billionaire paedophile must have been a concern for Victoria's Secret given its CEO's history with the financier. Crew has turned to an executive from another struggling brand, Victoria's Secret, to lead its turnaround. L Brands Inc. LB, -1.43% said Wednesday that it has named Martin Waters as chief executive of the Victoria's Secret lingerie brand, replacing John Mehas who had only been in … The chief executive of Victoria’s Secret is leaving after just two years, a person with knowledge of … Other executives include Patrick Sanderson, President & COO. Victoria's Secret. J. Martin Waters, who … Some in the industry say such tone-deafness may be a result of the 2016 departure of Victoria’s Secret’s longtime CEO Sharen Jester Turney, who’d guided the brand for a … L Brands (LB: NYSE), owner of Victoria’s Secret, announced Wednesday it named Martin Waters as the new CEO of the lingerie business in hopes … As for the personnel changes, Martin Waters was named CEO of Victoria’s Secret Lingerie, succeeding John Mehas, who had taken the post in February 2019. Crew's new CEO, the company said Tuesday. Jan Singer became CEO of Victoria's Secret Lingerie in September 2016. 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