Andrew M. Meslow served as the CEO of Bath & Body Works from May 2020 until May 2022. His time at the company was marked by significant challenges, including the impact of the global pandemic and the restructuring of the...

Andrew M. Meslow served as the CEO of Bath & Body Works from May 2020 until May 2022. His time at the company was marked by significant challenges, including the impact of the global pandemic and the restructuring of the business in the wake of its separation from L Brands. Meslow's leadership was crucial during this transition period. In 2021, he earned a total compensation of $17.7 million, which included a substantial cash bonus as part of a retention strategy implemented during uncertain times for the company. However, in 2022, his compensation sharply dropped to around $9 million as he announced his departure due to health reasons. His transition agreement ensured a structured exit, highlighting the company's commitment to a stable handover in leadership. Remarkably, during his tenure, he did not receive stock awards or options, focusing instead on cash incentives. Meslow's background in management equipped him to navigate complex business landscapes, although his departure underscores the pressures executives may face in volatile markets.

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2. Holdings

3. Insider Trading

4. Compensation History

5. Other Bath & Body Works CEOs

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Andrew M. Meslow

Ex-CEO of Bath & Body Works

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

CEO of Bath & Body Works for

2 years 0 months (May 2020 - May 2022)

Previous Experience

Executive at Bath & Body Works, Inc.

Rivals

Competitors/colleagues of Andrew M. Meslow

Holdings

See how much did Andrew M. Meslow make over time.

Andrew M. Meslow's investment in Bath & Body Works reflects a significant part of his financial strategy. While specific trading data is not detailed, his role as CEO during critical restructuring phases likely influenced his holdings in the company. By...

Andrew M. Meslow's investment in Bath & Body Works reflects a significant part of his financial strategy. While specific trading data is not detailed, his role as CEO during critical restructuring phases likely influenced his holdings in the company. By 2021, he was rewarded with $18.5 million, but this shifted in 2022 when his holdings and total wealth fluctuated due to his announced departure. His approach aimed to align personal success with the company’s performance, which is a common strategy for executives at public companies. It's notable that during his time, Meslow didn't accumulate large numbers of shares or opt for stock options, focusing instead on cash-based incentives, which suggests a strong emphasis on immediate financial stability over long-term equity growth during his exit from the CEO role. As he stepped down, his remaining equity was forfeited, illustrating the risks and rapid changes in an executive’s financial landscape when leaving a major position.

Mar 18, 2025

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shares

BBWI @ $29.98

Insider Trading

See recent insider trades of Andrew M. Meslow.

No insider trades found for this CEO.

Compensation History

See how much did Andrew M. Meslow make over time.

In 2021, Andrew M. Meslow's total compensation reached approximately $17.7 million. This figure included a base salary around $1.3 million, a substantial cash bonus of $4 million, and other incentives. His high bonus was part of retention strategies aimed at keeping key leaders during uncertain periods for Bath & Body Works. However, his compensation structure in 2022 dramatically changed as he announced his departure due to health issues, receiving around $9 million for that year. Meslow did not receive stock awards or options during his last year, which is unusual for CEOs, reflecting a preference for cash retention over long-term equity incentives. This reveals how his immediate financial reward system was designed to prioritize short-term goals amidst a challenging market.

Year

2022

Total Compensation

$10.41M

Salary

$1.35M

Board Justification

The compensation philosophy is designed to attract and retain superior leaders in a highly competitive market for talent, emphasizing performance-based compensation and aligning executive interests with stockholder interests.

Bonus

$2.00M

Board Justification

The bonus amount includes a special cash retention award approved by the HCC Committee during fiscal 2020 to ensure long-term retention during particularly turbulent times for the business, conditioned on continued employment through January 31, 2022.

Other

$7.06M

Board Justification

This amount reflects the aggregate cash amount payable to Mr. Meslow under the Transition and Release Agreement in connection with his termination of employment, along with health coverage under the Company’s group health plan for up to 24 months.

Restricted Stock

$0.00(0 N/A)

Board Justification

Mr. Meslow did not receive any long-term equity incentive compensation awards during fiscal 2022 due to his announced departure in February 2022.

Performance Metrics

The performance metrics for determining the compensation include adjusted operating income, which is directly linked to the Company’s long-term growth plan and performance.

Other Bath & Body Works CEOs

Here are other CEOs of Bath & Body Works

Nick Cole

Ex-CEO of Bath & Body Works

August 2011 - May 2012

Sarah E. Nash

Ex-CEO of Bath & Body Works

May 2022 - December 2022