L Brands, Inc. (NYSE:LB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 22, 2017, Patricia S. Bellinger and Robert H. Schottenstein were each appointed to the Board of Directors (the “Board”) of L Brands, Inc. (the “Company”), each effective as of August 22, 2017.
Ms. Bellinger and Mr. Schottenstein have not been named to any committees of the Board at this time. The Board has determined that Mr. Schottenstein is independent in accordance with the applicable New York Stock Exchange standards and the Company’s corporate governance guidelines.
Ms. Bellinger and Mr. Schottenstein will each receive compensation as directors in accordance with the Company’s ordinary course director compensation practices.
Jeffrey H. Miro informed the Board that he is retiring from the Board, effective as of August 22, 2017.
A copy of the press release announcing Ms. Bellinger’s and Mr. Schottenstein’s appointment and Mr. Miro’s retirement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Title |
|
99.1 |
Press Release dated August 22, 2017. |
L Brands, Inc. ExhibitEX-99.1 2 dp79751_ex9901.htm EXHIBIT 99.1 Exhibit 99.1 L BRANDS,…To view the full exhibit click here
About L Brands, Inc. (NYSE:LB)
L Brands, Inc. operates specialty retail business. The Company is focused on women’s intimate and other apparel, personal care and beauty categories. The Company operates through three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Victoria’s Secret segment includes PINK, which is the specialty retailer of women’s intimate and other apparel with collections, fragrances, supermodels and runway shows. Bath & Body Works segment is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers. Victoria’s Secret and Bath & Body Works International segment includes the Victoria’s Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. The Company operates the retail brands, which include Victoria’s Secret, Bath & Body Works, La Senza and Henri Bendel. Henri Bendel is an operator of over 30 specialty stores.
