Bath and Body Works CEO Gina Boswell steps down, shares fall

Bath & Body Works

19/05/2025 15:17

** Beauty and skincare firm Bath & Body Works  shares down 1.6% at $33.20

** CEO Gina Boswell to step down immediately after leading the firm since 2022

** BBWI names former Nike's chief strategy and transformation officer Daniel Heaf as its new CEO effective immediately

** In March, BBWI had said Boswell would be temporarily absent for several weeks for a surgery

** Company announces preliminary results and maintains its full-year net sales and profit forecast

** BBWI's Q1 profit per share came in at $0.49/shr which beats LSEG analysts expectation of $0.42/shr

** YTD shares down ~13%

(Reporting by Rajarshi Roy)

((Rajarshi.Roy@thomsonreuters.com))