Archived Notable exit? Victoria's Secret boss Leslie Wexner may step down, sell company (nypost.com)
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Archived on: 4/29/2020 10:00:00 AM
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Archived Notable exit? Victoria's Secret boss Leslie Wexner may step down, sell company (nypost.com)
submitted ago by Justice_Will_Prevail
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[–] derram 0 points 1 point 1 point (+1|-0) ago
https://archive.ph/wip/A3ZMw :
'Billionaire retail tycoon Leslie Wexner is reportedly in talks to step down from the helm of his company and potentially sell the Victoria’s Secret underwear brand. '
'Wexner, the 82-year-old CEO of the Ohio-based conglomerate L Brands, is considering leaving the chief executive’s job at his “retail empire,” The Wall Street Journal reported Wednesday. '
'Wexner is also weighing a full or partial sale of Victoria’s Secret as the lingerie chain struggles with declining sales, according to the Journal, which reported that the talks are ongoing. '
'Wexner has said he’s “embarrassed” of his former connections to Epstein and has accused him of misappropriating more than $46 million while serving as Wexner’s money manager. '
'Wexner — who is worth $6.7 billion, according to Bloomberg — has faced questions about his ties to pedophile financier Jeffrey Epstein, who killed himself in the Metropolitan Correctional Center in Manhattan in August. '
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