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 3.17 years. total yearly compensation is $12.52M, comprised of 10% salary and 90% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth $7.82M. 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 | 3.2yrs |
| CEO ownership | 0.6% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
A Look At The Fair Value Of Victoria's Secret & Co. (NYSE:VSCO)
Apr 24
Victoria's Secret: Don't See A Recovery Anytime Soon
Apr 14Key Takeaways From Victoria's Secret Earnings
Mar 19Victoria's Secret Stock Craters 35% In A Week - Upgrading From A Sell
Mar 11It's Down 38% But Victoria's Secret & Co. (NYSE:VSCO) Could Be Riskier Than It Looks
Mar 10Victoria's Secret (NYSE:VSCO) Has A Somewhat Strained Balance Sheet
Jan 23Victoria's Secret: Progress Made But Business Not At Inflection Point Yet
Jan 08A Look At The Fair Value Of Victoria's Secret & Co. (NYSE:VSCO)
Dec 27Victoria's Secret: A Bet On A Brand Turnaround
Nov 13Are Investors Undervaluing Victoria's Secret & Co. (NYSE:VSCO) By 38%?
Sep 04Victoria's Secret: It May Just Be A Value Trap
Sep 01Victoria's Secret: Relatively Cheap Valuation But Unexciting Prospects
Aug 08Should You Think About Buying Victoria's Secret & Co. (NYSE:VSCO) Now?
Jul 31Victoria's Secret: Deep-Value, But Not Without Risk
Jul 04Calculating The Intrinsic Value Of Victoria's Secret & Co. (NYSE:VSCO)
Jun 02Victoria's Secret: Upside Potential For Short- To Mid-Term
May 25Little Excitement Around Victoria's Secret & Co.'s (NYSE:VSCO) Earnings As Shares Take 26% Pounding
Mar 15Is Victoria's Secret & Co. (NYSE:VSCO) Trading At A 38% Discount?
Feb 22Victoria’s Secret approves new $250M share repurchase program and tightens Q4 outlook
Jan 11What Does The Adore Me Takeover Mean For Victoria's Secret & Co.?
Dec 28Victoria's Secret to acquire intimates brand Adore Me
Nov 01Victoria's Secret: A Brick-And-Mortar In Trouble
Sep 23Victoria’s Secret Q2 2023 Earnings Preview
Aug 23Victoria's Secret (NYSE:VSCO) Is Very Good At Capital Allocation
Jul 22Victoria's Secret & Co. simplifies business to save estimated $40M in annual cost
Jul 12Is Victoria's Secret Stock A Buy After Earnings? Macro Challenges Delaying, But Not Stopping Turnaround
Jun 07CEO 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 US market ($USD5.61M).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
CEO
Martin Waters (57 yo)
3.2yrs
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 | 3.2yrs | US$12.52m | 0.59% $ 7.8m | |
| Chief Financial & Administrative Officer and Executive VP | 2.8yrs | US$3.37m | 0.17% $ 2.3m | |
| Chief Customer Officer | 1.6yrs | US$6.21m | 0.22% $ 2.9m | |
| Brand President of Victoria’s Secret & Victoria’s Secret PINK | less than a year | US$4.75m | 0.32% $ 4.3m | |
| Chief Operating Officer | 4.3yrs | US$4.07m | 0.11% $ 1.4m | |
| Chief Human Resources Officer & Chief Legal Officer | 2.9yrs | no data | 0.15% $ 2.0m | |
| 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 | 0.59% $ 7.8m | |
| Independent Director | 1.9yrs | US$213.33k | 0.011% $ 144.1k | |
| Independent Chairman | 2.7yrs | US$428.80k | 0.045% $ 594.2k | |
| Independent Director | 3.3yrs | US$273.80k | 0.015% $ 201.8k | |
| Independent Director | 3.3yrs | US$288.80k | 0.015% $ 201.8k | |
| Independent Director | 2.7yrs | US$283.80k | 0.019% $ 245.7k | |
| Independent Director | 3.3yrs | US$288.80k | 0.015% $ 198.1k | |
| Independent Director | less than a year | no data | 0.010% $ 131.3k | |
| Independent Director | 3.3yrs | US$268.80k | 0.015% $ 198.1k |
3.3yrs
Average Tenure
57yo
Average Age
Experienced Board: VSCO's board of directors are considered experienced (3.3 years average tenure).