Pursuits
Victoria's Secret CEO Abruptly Resigns
Shoppers go about their business near a Victoria's Secret store in the Atlantic Terminal Mall in Brooklyn.
Photographer: Craig Warga/BloombergThis article is for subscribers only.
Sharen Jester Turney, who has run Victoria’s Secret for the past decade, is stepping down from the L Brands Inc. division, leaving Chief Executive Officer Les Wexner directly in charge of his company’s biggest business.
Turney, who became CEO of the lingerie chain in 2006, will remain an adviser to the division while Wexner assumes leadership, L Brands said in a statement Friday. The 59-year-old said she is leaving the Columbus, Ohio-based company “to prioritize my family and my personal life and consider what’s next for me professionally.”