Comment on Victoria’s Secret CEO Unexpectedly Resigns

Victoria’s Secret CEO Unexpectedly Resigns

Victoria’s Secret CEO Sharen Jester Turney has quit unexpectedly, news that stoked investor anxiety about the prospects for L Brands’ biggest business by far. Shares were down 5% midday on Friday. Turney, who took the helm in 2006, helped turn Victoria’s Secret into a cultural touchstone. The brand, though far from a high-end name, is part of pop culture thanks to anannual lingerie show that is broadcast on national television and attracts some of the biggest names in pop, including Taylor Swift and Nicki Minaj.

 

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