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Third Point to launch proxy fight against Bath & Body Works - WSJ

February 22, 2023 2:44 PM EST

FILE PHOTO: Shoppers wait in line outside a Bath and Body Works retail store in Brooklyn, New York, U.S., December 8, 2020. REUTERS/Brendan McDermid/File Photo

(Reuters) - Third Point LLC plans to launch a proxy fight against Bath & Body Works Inc to address excessive executive pay and the company's lagging financial performance, the Wall Street Journal reported on Wednesday.

(Reporting by Granth Vanaik; Editing by Shinjini Ganguli)



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