Bath & Body Works Appoints Lucy Brady to Board of Directors
Highly Accomplished Executive with Over 25 Years of Consumer, Digital and Management Experience
COLUMBUS, Ohio, February 13, 2023 Bath & Body Works, Inc. (NYSE: BBWI) announced today that Lucy Brady, currently
President, Grocery & Snacks at Conagra Brands, Inc. has been appointed as a new independent member of the Companys Board of Directors. Ms. Brady brings extensive consumer products industry experience focused on business
transformation through digital and technological innovation.
Sarah Nash, Board Chair, commented, Lucy brings valuable consulting and executive
experience with particular expertise in global digital strategy and customer loyalty and engagement. Her appointment reflects our Boards ongoing commitment to identify new independent directors with the skills and expertise needed to deliver
superior shareholder value and follows engagement with and input from our shareholders. We look forward to benefiting from Lucys perspectives as the Board continues to oversee the Companys growth strategy and efforts to deepen and expand
customer relationships, deliver ongoing innovation, and enhance Bath & Body Works omnichannel capabilities.
Ms. Brady said,
I am honored to join the Bath & Body Works Board at such an important time for the Company. Bath & Body Works is an iconic brand with exciting opportunities ahead to accelerate its leadership position across consumer goods
categories and drive its next chapter of growth and success. I look forward to working with my fellow directors and the management team to help the Company achieve its goals and deliver long-term value to shareholders.
With the appointment of Ms. Brady, the Board will expand to 11 directors, 10 of whom are independent and seven of whom are members of diverse
communities: female, people of color and/or LGBTQIA+.
About Lucy Brady
Ms. Brady has served as President, Grocery & Snacks at Conagra Brands since 2022, leading the ongoing modernization and growth of Conagras
$5 billion grocery and snacks portfolio. Before that, Ms. Brady served as Senior Vice President and Chief Digital Customer Engagement Officer of McDonalds Corporation, overseeing some of its most significant growth drivers, including
delivery, loyalty, digital ordering and pickup and personalized communications. She also previously served as McDonalds Senior Vice President of Corporate Strategy, Business Development and Innovation.
Prior to McDonalds, Ms. Brady served as Managing Director and Senior Partner at The Boston Consulting Group, where she worked for nearly 20 years.
Earlier in her career, Ms. Brady held positions with General Mills, Monitor Group and Trammell Crow Company. She was recognized among the 2021 Power List: 50 people who represent the best in restaurant leadership and Power 20: Emerging Leaders
in 2020. Ms. Brady was also a featured speaker at Fortunes Most Powerful Women Next Gen summit in 2018, and among the 2022 Top 100 Chief Digital Officers.
ABOUT BATH & BODY WORKS:
Home of
Americas Favorite Fragrances®, Bath & Body Works is a global leader in personal care and home fragrance, including the #1 selling collections for fine fragrance mist, body
lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Powered by agility and innovation, the companys predominantly U.S.-based supply chain enables the company to deliver
quality, on-trend luxuries at affordable prices. Bath & Body Works serves and delights customers however and wherever they want to shop, from welcoming,
in-store experiences at more than 1,785 company-operated Bath & Body Works locations in the U.S. and Canada and more than 390 international franchised locations to an online storefront at
bathandbodyworks.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
We caution that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this press
release or made by our company or our management involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ
materially from those expressed or implied in any such forward-looking statements. Words such as estimate, project, plan, believe, expect, anticipate, intend,
planned, potential and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, in some cases have affected and in the future could affect our financial
performance and actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this press release or otherwise made by our company or our management: