Third Point Confirms Plan to Nominate Director Candidates at Bath & Body Works (BBWI)

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Third Point Announces Plan to Nominate Director Candidates at Bath & Body Works

February 22, 2023 3:30 PM EST

Believes Shareholders Urgently Need Representation in the Boardroom

Highlights a Series of Serious Corporate Governance Failures, Including Awarding Board Chair an $18 million Pay Package for Part-Time Interim CEO Work in 2022

States Shareholders Deserve Responsible Fiduciaries on a Board that Has Stumbled on Execution, Strategy, Succession Planning, Investor Relations and Executive Pay

NEW YORK--(BUSINESS WIRE)-- Third Point LLC (LSE: TPOU), a New York-based investment firm managing approximately $13 billion in assets, today sent a letter to Bath &... More