Victoria’s Secret CEO Jan Singer Is Leaving the Company

News comes just a week after its annual fashion show was taped

Singer was with Victoria's Secret for just over two years. Getty Images
Headshot of Diana Pearl

Jan Singer, the CEO of Victoria’s Secret Lingerie, is leaving her post, according to Bloomberg.

Singer was with Victoria’s Secret for a little over two years, joining the company in September 2016. As CEO, she oversaw not only lingerie—a $4 billion business, according to the company—but also the brand’s activewear line, Victoria Sport. Singer was previously CEO of Spanx and spent 10 years in a variety of roles at Nike prior to that.

Her time at Victoria’s Secret was mostly defined by a push for the mall staple to better connect with younger consumers and gain a deeper understanding of them.

L Brands, Victoria’s Secret’s parent company, has not yet announced Singer’s replacement.

The news comes just a week after Victoria’s Secret staged its annual fashion show in New York and as the brand remains in the press after L Brands CMO Ed Razek’s comments in Vogue about casting transgender models in the show.

The brand has been under increased scrutiny in recent years—L Brands’s shares have fallen 38 percent this year, according to CNBC—as more competitors, such as ThirdLove, enter the lingerie space. Victoria’s Secret has continued to focus on its sexy image, fashion and flashy displays like the annual fashion show, as other brands like Aerie prioritize inclusivity.

L Brands has not yet responded to Adweek’s request for comment.

@dianapearl_ Diana is the deputy brands editor at Adweek and managing editor of Brandweek.