Former Jeffrey Epstein pal Leslie Wexner steps down as CEO of Victoria's Secret parent company.
Wexner and his wife, Abigail, are two of Ohio State University’s biggest benefactors. His change of status came 10 days after five former OSU wrestlers who accused their alma mater of failing to protect them from a predator team doctor formally requested an investigation into the school’s relationship with Epstein.
Asked if Wexner’s departure from the day-to-day management of L Brands was related to the Epstein scandal, a Wexner spokesman referred a reporter to the company’s communications department. Epstein had been Wexner’s money manager and their relationship was so close that the retail magnate gave him power of attorney and made him a trustee of the Wexner Foundation.arrested on July 6
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Victoria's Secret Executive Leslie Wexner Will Finally Step DownLeslie Wexner, CEO of Victoria’s Secret parent company L Brands and a close friend of Jeffrey Epstein, even serving as the alleged sex trafficker’s financial advisor, will finally step down from the company. Victoria’s Secret announced the move on Thursday along with the news that the company is going private, selling a majority stake in the business to a private equity firm, the New York Times reports.
Read more »
Victoria's Secret Acquired, Leslie Wexner to Step DownThough he's stepping down as chief executive officer and chairman of the board of L Brands, Leslie Wexner will remain on the board as chairman emeritus:
Read more »
Victoria’s Secret Goes Private—And Wexner Steps Down—As L Brands Looks To Revitalize ItselfWexner, once called the “Merlin of the mall,” ends his tenure amid a prolonged period of declining sales and share prices at L Brands.
Read more »
L Brands sells majority stake in Victoria's Secret, CEO Wexner to step downLeslie Wexner is stepping down as the CEO of L Brands, which is also selling a majority stake in its iconic Victoria’s Secret brand
Read more »
Victoria’s Secret Has a New Owner; Wexner to ExitVictoria’s Secret has been sold — and Les Wexner is stepping aside.Parent company L Brands sold 55 percent of the intimates giant to Sycamore Partners for $525 million. The deal includes the Pink brand. Victoria's Secret will become a private company, while L Brands' remaining operation, Bath
Read more »