BBRC Pushes for Board Shake-Up at Victoria's Secret Shareholder Meeting

Reuters
11/04
BBRC Pushes for Board Shake-Up at <a href="https://laohu8.com/S/VCCTF">Victoria</a>'s Secret Shareholder Meeting

BBRC International PTE Limited, which holds approximately 12.9% of Victoria's Secret & Co. shares, has publicly called for changes to the company's board of directors in a letter addressed to the board ahead of the shareholder meeting. BBRC, a long-term investor in the company since 2022, criticized the board's response to its attempts to discuss board representation and governance improvements. The firm is seeking the removal of the current long-tenured board chair and the appointment of a stockholder representative to enhance board oversight and restore investor confidence. BBRC stated that its proposals are aimed at improving decision-making and governance at Victoria's Secret & Co. and expressed frustration over what it described as an adversarial stance from the board.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Victoria's Secret & Co. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251104475415) on November 04, 2025, and is solely responsible for the information contained therein.

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