L Brands Announces Martin Waters Will Become Chief Executive Officer of Victoria’s Secret

L Brands has elevated Martin Waters to Chief Executive Officer of the Victoria’s Secret business. He most recently served as Chief Executive Officer of Victoria’s Secret Lingerie. He will report directly to Andrew Meslow, Chief Executive Officer of L Brands. Martin succeeds Stuart Burgdoerfer, who recently announced that he will retire as both Chief Financial Officer of L Brands and Chief Executive Officer of Victoria’s Secret business.
L Brands is an American fashion retailer based in Columbus, OH. Its flagship brands include Victoria’s Secret, PINK and Bath & Body Works. With more than 80,000 associates, L Brands recorded sales of $12.9 billion in 2019.