Bath & Body Works (BBWI) executive compensation, 2026 proxy

Daniel Heaf, Chief Executive Officer, was paid $6.6M in fiscal 2025. The CEO-to-median-employee pay ratio was 780:1, on median employee pay of $9,603.

Filed
April 28, 2026
Annual meeting
June 11, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$6.6Mfiscal 2025
CEO to median employee
780:1median $9,603
CEO pay in equity
77%$5M in awards
Prior say-on-pay support
99%of votes cast
CEO Total Compensation
$6.6MDaniel Heaf fiscal 2025 total
CEO to Median Pay Ratio
780:1Based on annualized CEO pay
Median Employee Pay
$9,603Annual total compensation
Say-on-Pay Support
98.8%Prior year approval rate

How Heaf was paid

$6.6M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary14%Stock awards77%Non-equity incentive5%All other compensation4%

Named executive officers

ExecutiveTotal
Daniel HeafChief Executive Officer$6,587,902
Eva BorattoChief Financial Officer$4,218,455
Thomas MazurekChief Supply Chain Officer$2,738,729
Gina BoswellFormer Chief Executive Officer$12,567,136
Michael WuFormer Chief Legal Officer$2,618,865

What changed and why

  • $6.6MDaniel Heaf became Chief Executive Officer in fiscal 2025 with total compensation of $6,587,902.
  • $12.6MGina Boswell stepped down as CEO on May 16, 2025, receiving total compensation of $12,567,136.
  • The company introduced the Consumer First Formula strategy to drive sustainable growth and profitability.
  • $250MThe Fuel for Growth program targets $250 million in cost savings over two years.
  • 98.8%Shareholders approved the previous executive compensation program with 98.8% support.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.