On March 6, 2023, Bath & Body Works, Inc. announced that Thomas J. Kuhn has been appointed as a new independent member of the Company's Board of Directors, effective March 10, 2023. The Company stated that Third Point Chief Executive Officer Daniel S. Loeb commented that Thomas J. Kuhn is a trusted strategic advisor whose practical financial and governance insight would be additive to the Board. The Company added that Third Point has informed the Company that it no longer intends to nominate candidates to stand for election to the Company's Board at the Company's 2023 annual meeting of stockholders.