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THE WHAT? Victoria’s Secret model CEO Amy Hauk is exiting her submit after simply 8 months on the helm, in response to a submitting with the Securities and Change Fee.
THE DETAILS The resignation comes into impact on 31 March, with Hauk additionally giving up her duties at Victoria’s Secret sister model PINK.
Hauk is ready to get replaced within the function in by Martin Walters, who will even proceed his function as CEO of Victoria’s Secret & Co.
THE WHY? In line with an organization assertion, “Amy Hauk can be stepping down as CEO of Victoria’s Secret and PINK in an effort to spend extra time along with her household in Florida.”
The information of Hauk’s imminent departure noticed shares of guardian firm Victoria’s Secret & Co fall 8 p.c.
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