CANADA: Hudson's Bay CEO to retire
Author: just-style.com | 14 April 2010
Hudson's Bay Trading Company says CEO Jeffrey Sherman will retire from 1 June this year.
There are no plans to replace Sherman, with the company noting current CEO and governor Richard Baker will continue in his role as CEO & chairman Hudson's Bay Trading Company and Governor of the Hudson's Bay Company.
"I want to thank Jeff for his significant contribution to the re-positioning and success of Hudson's Bay Company and Lord & Taylor," said Baker.
"Jeff has built a strong leadership team of retail residents who effectively re-positioned the company with consumers [and who] improved the overall financial performance and structure of the organisation"
Hudson's Bay Trading Company is a North American retailer with banners spanning Canada and the US.
Lord & Taylor has 46 retail stores in nine states.
Sectors: Retail
Companies: Hudson’s Bay, Lord & Taylor
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