L Brands CFO Stuart Burgdoerfer announces retirement

L Brands, Inc. has announced that Stuart Burgdoerfer has communicated to the board of directors his desire to retire as CFO of L Brands and Interim CEO of the Victoria’s Secret business. The company said in a statement that Martin Waters, currently CEO of Victoria’s Secret Lingerie, has been promoted to CEO of the Victoria’s Secret business and will assume those responsibilities effective immediately. Waters will report to Andrew Meslow, CEO of L Brands.