On June 10, 2025, BBRC International PTE Limited announced that on June 9, 2025, it sent a letter to the Board of Directors of Victoria?s Secret & Co as it believes that the Board should carefully consider the observations and suggestions. To date, despite clear evidence of boardroom lapses and the destruction of significant stockholder value, the Board has failed to adequately demonstrate meaningful accountability. Given the lack of productive two-way dialogue that BBRC would expect with a top stockholder, as BBRC urged the Company to address the issues during the June 11th earnings conference call such as dismal total stockholder returns, failed capital allocation, insufficient board independence, lack of accountability, excessive chair tenure and disastrous board-level decisions.
BBRC International PTE Limited Issues a Letter to the Board of Directors of Victoria?s Secret & Co
Published on 10/06/2025 at 18:54