NYSE:VSXYSpecialty Retail
Victoria's Secret Director Exit Puts Governance And AI Board Plans In Focus
Victoria's Secret (NYSE:VSCO) director Mariam Naficy has chosen not to stand for re election to the board.
Her decision comes during an ongoing proxy contest with activist shareholder Barington Capital's affiliate BBRC.
The company is seeking a new director and has indicated it is open to shareholder input, including from BBRC.
Victoria's Secret, best known for its intimate apparel and beauty products, operates in a retail segment that has been adjusting to changing consumer preferences and...