HBC Provides Update on CFO Search
TORONTO & NEW YORK--(BUSINESS WIRE)--
HBC or the "Company" (TSX: HBC) provided an update today announcing that
Paul Beesley, the Company's Chief Financial Officer, will remain in his
current role while HBC continues its CFO search. As announced
previously, the Company has engaged a leading executive search firm to
assist in this process.
About HBC
HBC is a diversified global
retailer focused on driving the performance of high quality stores and
their all-channel offerings, growing through acquisitions, and unlocking
the value of real estate holdings. Founded in 1670, HBC is the oldest
company in North America. HBC's portfolio today includes formats ranging
from luxury to premium department stores to off price fashion shopping
destinations, with more than 480 stores and over 66,000 employees around
the world.
HBC's leading banners across North America and Europe include Hudson's
Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, Saks OFF 5TH, Galeria
Kaufhof, the largest department store group in Germany, and Belgium's
only department store group Galeria INNO.
HBC has significant investments in real estate joint ventures. It has
partnered with Simon Property Group Inc. in the HBS Global Properties
Joint Venture, which owns properties in the United States and Germany.
In Canada, it has partnered with RioCan Real Estate Investment Trust in
the RioCan-HBC Joint Venture.
For more information, visit our website.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170707005501/en/
Hudson's Bay Company
INVESTOR RELATIONS:
Elliot
Grundmanis, 646-802-2469
elliot.grundmanis@hbc.com
or
MEDIA
CONTACT:
Andrew Blecher, 646-802-4030
andrew.blecher@hbc.com
Source: Hudson's Bay Company
News Provided by Acquire Media
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