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Victoria's Secret investor urges ouster of ‘over-tenured' board chair with ‘stale perspective'
New York Post· 2025-11-04 16:46
A major investor in Victoria’s Secret urged the flailing lingerie maker in a letter Tuesday to shake up its board – attacking the current chair as “over-tenured” with a “stale perspective.”BBRC International – which owns a nearly 13% stake in Victoria’s Secret, making it the second-largest shareholder – is calling for longtime Chair Donna James to be fired and asking for a board seat for its founder, Australian billionaire Brett Blundy. The private equity firm started building its stake in 2022 and has been ...