BBRC urges Victoria’s Secret holders vote against chair Donna James at June 11 meeting

Victoria's Secret & Company

Victoria's Secret & Company

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  • BBRC International, a roughly 13% shareholder, urged investors to vote against chair Donna James at the June 11 annual meeting.
  • The investor criticized the board’s oversight during James’ 25-year tenure, citing leadership decisions, capital allocation, and the Adore Me acquisition, which it said has led to USD 156 million of impairments and restructuring charges.
  • BBRC backed the early-stage turnaround under CEO Hillary Super, but argued board leadership should change to sustain the recovery.


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