Consumer
Victoria’s Secret Nabs Rihanna Brand CEO to Lead Turnaround
- New CEO Hillary Super has run Savage X Fenty, Anthropologie
- Retailer has struggled amid declining sales, falling stock
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Victoria’s Secret & Co. is poaching the top executive from Rihanna’s lingerie brand to lead the retailer’s turnaround.
Hillary Super, 52, will replace Martin Waters, who was terminated as CEO and resigned from the board, as chief executive officer and a member of the board, the company said in a statement. Tim Johnson, the chain’s chief financial and administrative officer, will be the interim CEO until Super joins the company on Sept. 9.