Amy Hauk, CEO of Victoria’s Secret, will leave the company on March 31

Amy Hauk, CEO of Victoria’s Secret, will leave the company on March 31

In a file filed Tuesday with the American organization SEC (Securities and Exchange Commission), Victoria’s Secret declared having been informed by Amy Hauk on December 27 of her decision to resign.

Martin Waters, Chief Executive Officer of Victoria’s Secret & Co., will assume the responsibilities of CEO of the brand after the departure of Amy Hauk. There are no plans to replace his position, the company added.

A company spokesperson said Amy Hauk was stepping down “to spend more time with her family in Florida” and had “politely agreed to a managed transition by the end of March.”

Amy Hauk had been at the head of the lingerie brand since this summer. She was previously CEO of the Pink brand since 2018.

Several changes at Victoria’s Secret

His appointment in July was part of a wider corporate restructuring that also included a number of other management changes and 160 senior job cuts.

These changes came after Victoria’s Secret spun off from L Brands in 2021 to become a standalone business.

Victoria’s Secret also announced this week that it has completed the acquisition of digitally-native underwear brand Adore Me.

Following the acquisition, the company said it expects “significant sales and earnings opportunities” and clarified that Adore Me is expected to generate $250 million in profitable sales in its final fiscal year of 2022.

“With Adore Me, we have acquired a company and a team that will help us deliver better and differentiating experiences for Victoria’s Secret and Pink customers,” Victoria’s Secret CEO Martin Waters said at the time. According to the leader, Adore Me can continue to grow sales “at operating margin rates similar or accretive to the operating model of VS&Co”.

This article originally appeared on FashionUnited.com. It was translated and edited in French by Julia Garel.