Victoria’s Secret CEO Amy Hauk has abruptly resigned after less than a year on the job, according to CNN.
Shares dropped by 8% in the hours after the official resignation that will be finalized in March 2023, as Hauk will also step down as CEO of the company’s teen-oriented brand, Pink, of which she has been the CEO of since 2018 as well, according to Victoria’s Secret’s website.
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The company has suffered a public relations black eye since its founder, Leslie Wexner, was found to have ties to Jeffrey Epstein.
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