Retail News

L Brands to shake up its board

The Wall Street Journal 03/21/2019

L Brands has been accused of putting together a board of directors with cozy ties to Leslie Wexner, CEO and chairman of the company. The average director is 71-years-old and has been on the company’s board for 20 years. Now, L Brands has hired a search firm to help identify and bring on three new candidates, according to people familiar with the situation.

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