Victoria's Secret & Co. (NYSE: VSXY) announced that Melinda McAfee, Chief Legal and Compliance Officer, will depart the company effective March 31, 2027, according to a company statement dated October 9, 2026.

The company has begun a search for a successor. McAfee will retain her current role and compensation until a new Chief Legal Officer is appointed, after which she will remain employed in a non-executive capacity through her departure date to assist with the transition.

The company entered into a Transition and Separation Agreement with McAfee dated October 7, 2026. Under the agreement, McAfee will be eligible for severance benefits as outlined in her Executive Severance Agreement dated June 29, 2021, contingent on her signing a full release of claims and adhering to confidentiality, non-solicitation, and non-competition provisions.

McAfee has served in her role for more than five years. The company's Board of Directors acknowledged her contributions during that period.