Les Wexner, L Brands founder, leaves board under cloud of Epstein link

L Brands, Inc. chairman emeritus and former chief executive Les Wexner is leaving the company's board of directors.

L Brands announced on Thursday that Wexner, and his wife, Abigail, will not stand for reelection to the board at the annual shareholders meeting in May. The billionaire had stepped down as CEO of L Brands in early 2020.

"Now is an ideal time for Abigail’s and my transition from the Board," Wexner said in a statement Thursday. "I am deeply honored to have been a part of the lives of so many associates and customers since I first opened the doors in 1963.”

Wexner, who founded then Limited Stores Inc. in 1963, purchased Victoria’s Secret in 1982 and turned it into a powerful retail force. By the mid-1990s, Victoria’s Secret lit up runways and later filled the internet with its supermodels and an annual television special that mixed fashion, beauty and music

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