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Bath and Body Works confirms Diane Neal to be succeeded by Nick Coe as CEO.

M2 EQUITYBITES-May 18, 2011-Bath and Body Works confirms Diane Neal to be succeeded by Nick Coe as CEO(C)2011 M2 COMMUNICATIONS

Bath and Body Works, a subsidiary of Limited Brands Inc (NYSE: LTD), announced on Tuesday that Diane Neal, chief executive officer of Bath and Body Works, will remain in her role as chief executive officer through summer and then transition into an advisory role with the company.

Neal had joined Bath and Body Works in November 2006 as president and chief operating officer and has served as chief executive officer since 2007. Prior to joining Bath and Body Works, Neal held leadership positions at Gap and Target.

Also, Nick Coe will join Bath and Body Works as its CEO, succeeding Neal.

Most recently Coe was president of Lands' End, Prior to that he held senior merchandising positions at Banana Republic and Levi Strauss.

Bath & Body Works operates speciality stores offering luxurious products in fragrant bath and body care, facial skincare, hair, spa and home.

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Publication:M2 EquityBites (EQB)
Date:May 18, 2011
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