Victoria's Secret Management
Management criteria checks 3/4
Victoria's Secret's CEO is Martin Waters, appointed in Feb 2021, has a tenure of 3.25 years. total yearly compensation is $12.52M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth MX$63.17M. The average tenure of the management team and the board of directors is 2.8 years and 3.3 years respectively.
Key information
Martin Waters
Chief executive officer
US$12.5m
Total compensation
| CEO salary percentage | 10.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 03 2024 | n/a | n/a | US$109m |
| Oct 28 2023 | n/a | n/a | US$101m |
| Jul 29 2023 | n/a | n/a | US$196m |
| Apr 29 2023 | n/a | n/a | US$268m |
| Jan 28 2023 | US$13m | US$1m | US$348m |
| Oct 29 2022 | n/a | n/a | US$421m |
| Jul 30 2022 | n/a | n/a | US$472m |
| Apr 30 2022 | n/a | n/a | US$553m |
| Jan 29 2022 | US$13m | US$1m | US$646m |
| Oct 30 2021 | n/a | n/a | US$683m |
| Jul 31 2021 | n/a | n/a | US$751m |
| May 01 2021 | n/a | n/a | US$401m |
| Jan 30 2021 | US$5m | US$923k | -US$72m |
Compensation vs Market: Martin's total compensation ($USD12.52M) is above average for companies of similar size in the MX market ($USD818.12K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
CEO
Martin Waters (57 yo)
3.3yrs
Tenure
US$12,519,912
Compensation
Mr. Martin P. Waters serves as the Chief Executive Officer of Victoria's Secret & Co. since February 4, 2021 and its Director since 2021. He served as the President of L Brands International at Bath & Body...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.3yrs | US$12.52m | 0.27% $ 63.2m | |
| Chief Financial & Administrative Officer and Executive VP | 2.8yrs | US$3.37m | 0.061% $ 14.3m | |
| Chief Customer Officer | 1.7yrs | US$6.21m | 0.030% $ 7.0m | |
| Brand President of Victoria’s Secret & Victoria’s Secret PINK | less than a year | US$4.75m | 0.12% $ 28.1m | |
| Chief Operating Officer | 4.3yrs | US$4.07m | 0.11% $ 25.3m | |
| Chief Human Resources Officer & Chief Legal Officer | 3yrs | no data | 0.025% $ 5.9m | |
| Chief Merchandising Officer | less than a year | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
2.8yrs
Average Tenure
53yo
Average Age
Experienced Management: VSCO *'s management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.3yrs | US$12.52m | 0.27% $ 63.2m | |
| Independent Director | 2yrs | US$213.33k | 0.011% $ 2.5m | |
| Independent Chairman | 2.8yrs | US$428.80k | 0.045% $ 10.5m | |
| Independent Director | 3.3yrs | US$273.80k | 0.015% $ 3.6m | |
| Independent Director | 3.3yrs | US$288.80k | 0.015% $ 3.6m | |
| Independent Director | 2.8yrs | US$283.80k | 0.019% $ 4.3m | |
| Independent Director | 3.3yrs | US$288.80k | 0.015% $ 3.5m | |
| Independent Director | less than a year | no data | 0.010% $ 2.3m | |
| Independent Director | 3.3yrs | US$268.80k | 0.015% $ 3.5m |
3.3yrs
Average Tenure
57yo
Average Age
Experienced Board: VSCO *'s board of directors are considered experienced (3.3 years average tenure).