Victoria’s Secret & Co. VSCO said Wednesday that Greg Unis will take on the role of brand president, Victoria’s Secret and pink, as well as leading design, merchandising, creative, planning, strategic patterning and business development functions. Unis has been with the company since 2016. “Greg will also partner closely with Chief Customer Officer Chris Rupp to continue to evolve our brands, delight our customers, and grow our business,” said Martin Waters, CEO of Victoria’s Secret. The company also named Anne Stephenson as chief merchandising officer, reporting to Unis. Stephenson comes to the role from stints at Full Beauty Brands and Torrid. Victoria’s Secret stock has fallen 47% in the year to date, while the S&P 500 SPX has gained 14%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.