Tag: resigned

Victoria’s Secret CEO resigns amid flagging sales and model controversy

NEW YORK, United States (AFP) — The CEO of American clothing and lingerie brand Victoria’s Secret has resigned amid flagging sales and controversy around a lack of diversity at the line’s iconic annual fashion show, a source said Wednesday. A source familiar with the matter said CEO Jan Singer, who had been in the position since September 2016, would leave the company, but did not specify when. American media outlets had reported the move without […]

World Bank chief economist resigns amid Chile uproar

WASHINGTON, United States (AFP) — The World Bank’s chief economist resigned on Wednesday amid a scandal that erupted when he raised questions about how the institution was ranking countries — especially Chile — in a key report. World Bank President Jim Kim announced that Paul Romer was stepping down immediately from the post he had held since October 2016, but did not specify the reason for his exit. In his only reference to the recent […]