Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-15

Victoria's Secret & Co. (VSXY)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$14,381,494
Hillary Super total, FY2025
40th
CEO pay percentile vs peers
CEO-to-median pay ratio
82.88%
Say-on-pay support, latest vote
Companies that benchmark against VSXY
No companies currently name VSXY as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Hillary Super$1,222,846$1,000,000$8,039,570$0$3,626,705$0$492,373$14,381,494
Chief Executive Officer
Dein Boyle869,09302,954,74602,005,688099,4245,928,951
Former Chief Operating Officer
Melinda McAfee771,15402,410,44901,308,975023,6644,514,242
Chief Human Resources and Legal Officer
Scott Sekella783,173100,0001,805,13601,342,68303174,031,309
Chief Financial and Operating Officer
Elizabeth Preis519,91801,503,3060979,2310218,7713,221,226
Chief Marketing and Customer Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Hillary Super$14,381,494$8,533,370+5,848,124
Dein Boyle5,928,9513,115,339+2,813,612
Melinda McAfee4,514,2423,971,9422,564,782+542,300
Scott Sekella4,031,30922,502+4,008,807
Elizabeth Preis3,221,226

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1154,394,91311,238,067170,76882.88%Passed
20252025-06-1846,549,04314,777,442581,49875.9%Passed
20242024-06-1348,667,8329,966,58659,66883%Passed
20232023-05-2550,419,9469,177,12384,21084.6%Passed
20222022-05-2770,854,622626,22476,77999.12%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1182.88%a
20252025-06-1875.9%b
20242024-06-1383%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

09

Board fee structure and ownership guideline

Annual cash retainer$111,900
Annual equity retainer$111,900
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guideline$4
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Victoria's Secret & Co.2025Hillary Super$1,222,846$8,039,570$0$3,626,705$14,381,494

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Hillary SuperDEF 14A2026-05-010001193125-26-201438Section “Executive Compensation”. As printed: 14,381,494. Filing ↗machine: r4 · c16 · span 2584471–2584481
2Section 01, Dein BoyleDEF 14A2026-05-010001193125-26-201438Section “Executive Compensation”. As printed: 5,928,951. Filing ↗machine: r14 · c16 · span 2655677–2655686
3Section 01, Melinda McAfeeDEF 14A2026-05-010001193125-26-201438Section “Executive Compensation”. As printed: 4,514,242. Filing ↗machine: r8 · c16 · span 2613281–2613290
4Section 01, Scott SekellaDEF 14A2026-05-010001193125-26-201438Section “Executive Compensation”. As printed: 4,031,309. Filing ↗machine: r6 · c16 · span 2598868–2598877
5Section 01, Elizabeth PreisDEF 14A2026-05-010001193125-26-201438Section “Executive Compensation”. As printed: 3,221,226. Filing ↗machine: r11 · c16 · span 2634573–2634582
6Section 06, 2026 voteForm 8-K2026-06-150001856437-26-000015Item 5.07 · say-on-pay result. As reported: 82.88% (votes for as printed: 54,394,913). Filing ↗
7Section 06, 2025 voteForm 8-K2025-06-230001856437-25-000032Item 5.07 · say-on-pay result. As reported: 75.9% (votes for as printed: 46,549,043). Filing ↗
8Section 06, 2024 voteForm 8-K2024-06-140001856437-24-000018Item 5.07 · say-on-pay result. As reported: 83% (votes for as printed: 48,667,832). Filing ↗
9Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
10Victoria's Secret & Co. (subject), Section 10b CEO totalDEF 14A2026-05-010001193125-26-201438CEO total compensation as printed in Victoria's Secret & Co.'s own proxy. As printed: 14,381,494. Filing ↗machine: r4 · c16 · span 2584471–2584481