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

ReutersMay 19, 2025 2:17 PM

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%

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