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HBC’s CEO Gerald Storch steps down

Hudson’s Bay Company (HBC) has announced that Gerald L. (Jerry) Storch has decided to leave as the company’s chief executive officer, effective November 1, 2017, to return to his advisory firm, Storch Advisors. Commenting on Storch’s resignation, Richard Baker, Governor and Executive Chairman of HBC, said in a statement: "The board and I are...

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People

Hudson's Bay Co. taps Gerald Storch as CEO

Hudson's Bay Co., owner of Saks Fifth Avenue and Lord & Taylor department stores, has tapped former chief executive of Toys 'R' Us Gerald 'Jerry' Storch as new chief executive. He is set to succeed the company's current CEO Richard Baker on January 6, 2015, who will remain on board as executive chairman and governor. Together the two will...

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