Limited Brands Announces Leadership Changes

Limited Brands Inc. announces leadership changes at its Bath and Body Works and Victoria's Secret brands. Diane Neal, president and chief operations officer for Bath and Body Works, has been promoted to chief executive officer. Neal has served as COO since joining Bath and Body Works in November 2006. Prior to joining Bath and Body Works, she served as president of the outlet division for Gap Inc. Neil Fiske, who joined Bath and Body Works in 2003, is leaving to become chief executive officer of Eddie Bauer (see story titled, "Eddie Bauer Names President and Chief Executive Officer"). Also, the company is announcing the appointment of Bill May as chief operating officer for Victoria's Secret Stores. Most recently, May served as executive vice president and chief operating officer at Payless ShoeSource. May has also served as executive vice president and chief operating officer of Tween Brands Inc. and has held various senior-level executive positions at Gap Inc.