Sharen Turney, the president and CEO of Victoria’s Secret $7 billion lingerie brand, has suddenly resigned from her post.

Sharen Turney, the president and CEO of Victoria’s Secret $7 billion lingerie brand, has suddenly resigned from her post.

Victoria’s Secret, which is owned by Columbus-based L Brands, confirmed the departure in a press release on Friday.

Turney stated in the release, “After 16 years and a record fourth quarter at Victoria’s Secret, I have decided to prioritize my family and my personal life and consider what’s next for me professionally. My years with Victoria’s Secret have been the most exciting and rewarding years of my career. I leave the Victoria’s Secret business well-positioned for the next chapter of growth … a strong brand with great momentum. I take great satisfaction and pride in what our team has accomplished, including tremendous growth and the development of a world-class team.”

She will remain with the company in an advisory role.

According to her biography, Turney was hired by the women’s manufacturer in 2000 as president at CEO of Victoria’s Secret Direct, the brand’s e-commerce arm. Six years later, she was promoted to the same position of the entire brand, which includes stores, e-commerce, and the company’s PINK and Beauty brands.

Victoria’s Secret has more than 1,000 stores nationwide.

Les Wexner, the billionaire chairman and CEO of L Brands, will assume leadership of the company in the wake of Turney’s exodus.

“We are very grateful to Sharen for her leadership and all that she has accomplished; Victoria’s Secret sales have increased more than 70 percent to $7.7 billion and profit has increased substantially during her nine years as CEO. While she will be missed, we support her in her choice and wish her well,” said Wexner. “We have strong confidence in the strength of the brand and our growth opportunities, and I look forward to taking on a more active role and working with the talented leadership team at Victoria’s Secret.”