HBC gets new CEO, Richard Baker continues as executive chairman

Canadian retailer Hudson's Bay Co (TSX: HBC) has named Gerald Storch as its new CEO as of January 6, 2015. Storch was previously chairman and CEO of Toys "R" Us Inc. The company's current CEO Richard Baker will continue as governor and executive chairman. He and Storch will also compose the office of the chairman. Hudson's Bay, which went public in 2012, is a portfolio investment of U.S. private equity firm NRDC Equity Partners.

17 December 2014•4 mins read
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