Victoria's Secret Shares Drop Following CFO Transition Announcement
Victoria's Secret & Co. (NYSE: VSCO) shares are trading lower Wednesday after the company announced the retirement of Chief Financial and Administrative Officer Timothy Johnson and the appointment of Scott Sekella as the new Chief Financial Officer.
Clorox’s treasurer was promoted to CFO, Victoria’s Secret named former Joann exec as chief financial officer and EV maker Lucid hired a new finance chief.
The arts and crafts retailer operates roughly 850 stores across the United States, but 2025 will see several closures.
TD Cowen lowered the firm’s price target on Victoria’s Secret (VSCO) to $40 from $45 and keeps a Hold rating on the shares. The firm noted the ...
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