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Victoria's Secret Faces Fresh Pressure From Brett Blundy's BBRC for Board Changes
BBRC International, owning nearly 13% of Victoria's Secret, criticizes board's risk management and seeks Brett Blundy's seat to improve oversight and strategy.
Summary by Channel News Asia
4 Articles
4 Articles
Victoria’s Secret investor urges ouster of ‘over-tenured’ board chair with ‘stale perspective’
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.”
·New York, United States
Read Full ArticleVictoria's Secret faces fresh pressure from Brett Blundy's BBRC for board changes
Lingerie maker Victoria's Secret's major shareholder, BBRC International, on Tuesday called for the removal of Chair Donna James and requested a board seat for its founder Brett Blundy.Victoria's Secret shares were down 1.5 per cent in afternoon trading. The company said it was conducting a thorough re
·Singapore
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Total News Sources4
Leaning Left0Leaning Right2Center2Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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