It was the week’s other surprise CEO switch.
On Wednesday, Victoria’s Secret announced it would replace chief executive Martin Waters with retail veteran HiIlary Super. The news was overshadowed by Starbucks’ shocking dismissal of CEO Laxman Narasimhan the day before. But the lingerie brand’s long-suffering investors certainly took note: shares of the company have surged more than 25 percent.
Super isn’t a household name, even in…