Victoria's Secret is currently owned by a diverse base of public shareholders and operates as an independent, publicly traded company called Victoria’s Secret & Co. This change occurred in August 2021 when the brand was spun off from L Brands (which later became Bath & Body Works, Inc.). The company is no longer privately owned by Les Wexner or controlled by L Brands. The CEO as of September 2024 is Hillary Super, who has been leading the company through its reinvention focusing on inclusivity and modern values. Major shareholders include institutional investors such as BlackRock Advisors LLC and Brett Blundy.
