Business
Victoria’s Secret & Co. Files Supplement to Definitive Proxy Statement and Sends Letter to Shareholders Highlighting Outperformance
REYNOLDSBURG, Ohio, May 11, 2026 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) today filed a supplement to its definitive proxy statement and issued a public letter to shareholders. The filing of the proxy supplement follows the decision by BBRC International Pte Limited (“BBRC”) and its Chairman Brett Blundy to launch a distracting and self-interested proxy contest seeking to oppose the re-election of two members of the Company’s Board of Directors (the “Bo
About this update from Victorias Secret & Co.
[{"type":"image","alt":"Victoria’s Secret & Co","displaySize":"","headline":null,"caption":"Victoria’s Secret & Co","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":52,"url":"https://media.zenfs.com/en/globenewswire.com/d6301d5afac7f2cc3b5f55f338cbaeb3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/21McFaPSMkG74JnOyDq4.Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTcz/https://media.zenfs.com/en/globenewswire.com/d6301d5afac7f2cc3b5f55f338cbaeb3","width":300,"height":52},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/21McFaPSMkG74JnOyDq4.Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTcz/https://media.zenfs.com/en/globenewswire.com/d6301d5afac7f2cc3b5f55f338cbaeb3","width":300,"height":52}},"lazy":false},{"type":"text","content":"REYNOLDSBURG, Ohio, May 11, 2026 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) today filed a supplement to its definitive proxy statement and issued a public letter to shareholders.","length":227,"tagName":"p"},{"type":"text","content":"The filing of the proxy supplement follows the decision by BBRC International Pte Limited (“BBRC”) and its Chairman Brett Blundy to launch a distracting and self-interested proxy contest seeking to oppose the re-election of two members of the Company’s Board of Directors (the “Board”) at the Company’s upcoming 2026 Annual Meeting of Shareholders.","length":358,"tagName":"p"},{"type":"text","content":"The Company’s filing details four years of extensive engagement with BBRC, including the Board’s thoughtful consideration of Mr. Blundy’s candidacy as a director following his pursuit of Board representation for himself. The filing includes copies of the letters the Board wrote to Mr. Blundy outlining its rationale for rejecting his candidacy as a director, including concerns regarding serious reputational, legal, conflict of interest and governance risks that the Board believes his appointment would pose.","length":511,"tagName":"p"},{"type":"text","content":"The Board’s letter to shareholders highlights the Company’s progress toward its Path to Potential strategy and its strong outperformance, which is a direct result of decisive actions taken by the Board and management to position the Company for long-term success. It also notes that BBRC’s proxy contest risks disruption to the Company’s momentum and ...