L Brands in Corporate Governance Agreement With Barington Capital
19 April 2019 - 7:58AM
Dow Jones News
By Josh Beckerman
L Brands Inc. (LB) has reached an agreement about its board with
activist investor Barington Capital, and has agreed to make
governance enhancements.
The parent company of Victoria's Secret and Bath & Body
Works will nominate Anne Sheehan, former head of corporate
governance for the California State Teachers' Retirement System, to
its board, along with former JPMorgan Chase & Co. (JPM)
executive Sarah E. Nash.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
April 18, 2019 17:43 ET (21:43 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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