Is another Wexner waiting in the wings?
Harry Wexner, the son of Leslie H. Wexner, the billionaire chairman and chief executive officer of L Brands, has worked part-time at the Bath & Body Works store division in between course studies at Harvard University, sources tell WWD.
Harry impressed supervisors as being “humble, hardworking and very smart.” He was valedictorian of the Columbus Academy in 2013.
But it’s too soon to say whether Harry, the oldest of Wexner’s four children, will be groomed for an executive role at the company considering he’s a sophomore at Harvard and would likely go to business school before he could join L Brands full-time.
Bringing a son into the business would perpetuate the Wexner family’s retail legacy. Leslie Wexner was born to Russian Jewish immigrants, grew up in Ohio, majored in business in college and entered law school but dropped out to help his parents run their store in Columbus, Ohio. As the story goes, Wexner borrowed $5,000 from his aunt to start The Limited sportswear store and his parents joined The Limited not long after.
Wexner, who was inspired by the late Milton Petrie, of the former Petrie Stores, built a specialty store empire that currently includes Victoria’s Secret, Pink, Bath & Body Works, Henri Bendel, C.O. Bigelow, The White Barn Candle Company and La Senza.
The L Brands ceo is 77 years old and displays no signs of being ready to retire. Once, in an interview, Wexner said he intended to last into the triple digits.