Victoria's Secret Urges Shareholders to Vote 'FOR' Current Board
Victoria's Secret & Co. (VS&Co) has filed an investor presentation titled "Vote for Victoria's Secret's Board and Our Continued Momentum," urging shareholders to vote "FOR" all nine highly qualified director nominees at the upcoming Annual Meeting on June 11, 2026. The company emphasizes its strong operational and financial momentum under the "Path to Potential" strategy, which has led to accelerated comparable sales growth, expanded margins, and significant shareholder outperformance since the CEO transition. VS&Co refutes claims by activist investor BBRC, characterizing their campaign as misleading and self-interested, designed to disrupt the company's progress without offering a credible alternative strategy.
Key Highlights
- Victoria's Secret & Co. urges shareholders to vote "FOR" all nine director nominees using the WHITE proxy card.
- The Annual Meeting of Shareholders is scheduled for June 11, 2026, at 8:30 a.m. Eastern Time.
- Company highlights strong operational and financial momentum under its "Path to Potential" strategy.
- Since the CEO transition, VS&Co has refreshed over half of its senior leadership team.
- Delivered shareholder returns significantly outperforming peers and key retail indices.
- Refutes BBRC's campaign as self-interested, misleading, and lacking a credible alternative strategy.
- Board determined BBRC Chairman Brett Blundy's appointment would pose reputational, legal, and conflict of interest risks.
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