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Barington Capital urged Victoria's Secret to replace its board with directors experienced in brand revitalization, ...
In a letter to Victoria’s Secret & Co chairperson Donna James, Barington CEO James Mitarotonda claimed the existing board has overseen a “destruction of $2.4bn in shareholder value”, while approving ...
Victoria’s Secret Faces Board Purge, CFO Change And Cyber Woes. ... Victoria’s Secret board chair, calling for a leadership overhaul and foreshadowing an intense activist investor fight.
Victoria’s Secret hired a superstar CEO to turn around the flagging brand. But a 50% stock drop has activist investors circling. ... and have called for an overhaul of its board.
Meta (META) stock rises after announcing plans for WhatsApp to introduce ads, using some user data to target advertising.
Investor letter to Victoria's Secret criticizes the company’s board and multiple decisions that have been made since the 2021 spin-off from the former L Brands Inc.
Victoria's Secret & Co. has announced the adoption of a limited-duration shareholder rights plan to safeguard the interests of all shareholders due to a significant accumulation of shares by BBRC ...
Activist investor Barington Capital Group is calling for Victoria's Secret to restructure its board of directors and scrap its recently adopted shareholder rights plan.. James Mitarotonda, the CEO ...
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