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.