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Hudson's Bay Co (HBC.TO)

HBC.TO on Toronto Stock Exchange

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Summary

Name Age Since Current Position

Richard Baker

52 2018 Governor, Executive Chairman of the Board

Helena Foulkes

53 2018 Chief Executive Officer, Director

Edward Record

48 2017 Chief Financial Officer

Alison Coville

President of Hudson’s Bay and Home Outfitters

Wolfgang Link

49 2017 Chief Executive Officer of HBC Europe

Marc Metrick

2015 President, Saks Fifth Avenue

Ian Putnam

2017 President, Real Estate, Chief Corporate Development Officer

Kerry Mader

2017 Chief Business Operations Officer

Janis Leigh

2017 Chief Human Resource Officer

David Schwartz

50 2016 Executive Vice President, General Counsel, Corporate Secretary

Janet Schalk

59 2017 Chief Technology Officer

Todd Zator

2014 Chief Accounting Officer

Bari Harlam

2018 Chief Marketing Officer

David Leith

58 2014 Lead Independent Director

Robert Baker

82 2012 Director

Eric Gross

44 2017 Director

Steven Langman

50 2017 Director

Lee Neibart

67 2012 Director

William Mack

78 2012 Independent Director

Wayne Pommen

39 2012 Independent Director

Earl Rotman

62 2012 Independent Director

Matthew Rubel

60 2012 Independent Director

Andrea Wong

51 2014 Independent Director

Biographies

Name Description

Richard Baker

Mr. Richard A. Baker serves as Governor, Executive Chairman of the Board of the Company. He has been the Company’s Governor since July 2008. Mr. Baker is also the Executive Chairman and was previously the Chief Executive Officer (“CEO”) of the Company. Mr. Baker has been the Chairman of Lord & Taylor since July 2006. Mr. Baker owns National Realty Development Corp. (“NRDC”), one of the largest privately owned real estate development companies in the United States, along with his father, Mr. Robert Baker. Mr. Baker is the Chairman of the Board of Directors for Retail Opportunity Investments Corp., which is a REIT listed on the NASDAQ Exchange that focuses on acquiring retail properties on the east and west coasts of the United States. Mr. Baker serves or has served on several councils and advisory boards at Cornell University including: the Baker Program in Real Estate Advisory Board, the School of Hotel Administration Advisory Council, the Center for Real Estate and Finance Advisory Board, and the Center for Real Estate and Finance Industry Fellows. Mr. Baker is a graduate of Cornell University.

Helena Foulkes

Ms. Helena B. Foulkes serves as Chief Executive Officer, Director of the Company. She was appointed CEO of HBC in February 2018, where she is responsible for HBC’s global strategy and operations for all banners, overseeing approximately 65,000 associates worldwide. Prior to joining HBC, she spent 25 years at CVS Health Corporation, most recently as Executive Vice President of CVS Health and President of CVS Pharmacy, a position she held since January 2014. Before joining CVS, Ms. Foulkes worked at Goldman, Sachs & Co. and Tiffany & Co. Ms. Foulkes has received numerous professional honors, including being named to Fortune’s list of Most Powerful Women in Business, as well as Fast Company’s Most Creative People in Business list. She serves on the boards of The Home Depot and the Harvard University Board of Overseers. Ms. Foulkes holds an undergraduate degree from Harvard College and an MBA from Harvard Business School.

Edward Record

Mr. Edward J. Record serves as Chief Financial Officer of the Company since August 28, 2017. Prior to this role, he served as J.C. Penney’s (JCP) Chief Financial Officer and Executive Vice President from March 2014 to July 2017. During his time with JCP, Record helped dramatically improve JCP’s capital structure, reduce its debt leverage and significantly improve its credit rating with multiple upgrades. Prior to joining JCP, Record served as the Chief Operating Officer of Stage Stores from 2010 to 2014, and its CFO from 2007 to 2011. While at Stage Stores, Record oversaw store locations and operations, IT, real estate, e-commerce, logistics, construction, legal and risk management aspects of the business in addition to leading its off price division. Record has also held executive leadership positions at national retailers, including Kohl’s, serving as Senior Vice President of Finance from 2005 to 2007, and Belk, where he was the SVP and Controller for three years. Record began his extensive career in retail at Kaufmann’s, a division of The May Department Store Company, holding various roles across the finance department, ultimately assuming the role of VP of Finance and Controller. Mr. Record holds an AB in Economics from Princeton University and an MSIA in Finance from Carnegie Mellon University.

Alison Coville

Ms. Alison Coville serves as President of Hudson’s Bay and Home Outfitters of the Company. She is President of Hudson’s Bay, where she oversees merchandising, marketing, (stores, planning and digital), for the banner. Ms. Coville has more than 30 years’ experience in the retail industry, spending nearly 20 at HBC. She began her career with HBC in 1999, as GMM Centre Core - Accessories Jewellery Handbags Footwear for Hudson’s Bay and most recently was SVP, Merchandising for Hudson’s Bay and Lord & Taylor. She moved to progressively senior roles throughout the Company, which included, at various times, oversight within Zellers and Home Outfitters as well. Ms. Coville played an integral role in the 2008 strategic initiative that ultimately saw the reinvention of Hudson’s Bay, contributing to the strategy development and execution to manage through a very volatile market and position the banner for significant growth by 2010.

Wolfgang Link

Dr. Wolfgang Link serves as Chief Executive Officer of HBC Europe of the Company . He was appointed CEO of HBC Europe in May 2017. Prior to joining HBC, Dr. Link served as President of Toys “R” Us Europe, a role he held since 2013, and previously as President, Central Europe, from 2007 to 2013. At Toys “R” Us Europe he also served as a member of the global executive board, and was responsible for the company’s business operations in nine countries, including Germany, France, Spain the United Kingdom and the Netherlands. Before joining Toys “R” Us Europe, Dr. Link served as Managing Director for the MEDIMAX specialist stores and ElectronicPartner Group Holdings, where he was responsible for the operation of more than 200 specialty stores in Germany, Hungary and Turkey. In addition, Dr. Link served many years in a variety of leadership roles at the METRO Cash and Carry Group, in corporate headquarters in Dusseldorf and in the country business units in Austria and Spain. Dr. Link holds a Bachelor degree in Economics and Business Administration and an MBA from the University of Nuremberg, and a Ph.D. in International Management from the University of Ingolstadt.

Marc Metrick

Mr. Marc J. Metrick serves as President, Saks Fifth Avenue of the Company. He was appointed as President, Saks Fifth Avenue in April 2015. Prior to this appointment, Mr. Metrick served as Chief Administrative Officer of Hudson’s Bay Company since September 2013 and as Executive Vice President and Chief Marketing Officer, HBC from April 2012 to September 2013. Mr. Metrick has over 15 years of experience in the retail industry, including a tenure at Saks where he was the Executive Vice President and Chief Strategy Officer. His career in retail has covered buying, merchandise planning, finance and strategy. Mr. Metrick has a Bachelor of Science degree in Business Administration from Boston University.

Ian Putnam

Mr. Ian Gilbert Putnam serves as President, Real Estate, Chief Corporate Development Officer of the Company. He is President, Real Estate and Chief Corporate Development Officer of Hudson’s Bay Company and is Chief Operating Officer of HBC’s joint ventures: HBS Global Properties and the RioCan-HBC Joint Venture. In this role, Mr. Putnam is responsible for involvement in all aspects of corporate activities that have strategic significance to the Company and leads the Real Estate Team. Mr. Putnam commenced his career at Stikeman Elliott LLP in 1996 where he was most recently a partner in the firm’s Toronto office. Prior to rejoining Stikeman Elliott in 2005, Mr. Putnam practiced corporate law for five years at the New York based law firm, Paul, Weiss, Rifkind, Wharton & Garrison LLP. Mr. Putnam’s practice has focused on significant corporate finance and mergers and acquisition transactions with a particular focus on the retail, real estate, and consumer products sectors. Mr. Putnam holds a Bachelor of Arts (Honours) degree from Queen’s University, a Master of Science degree from London School of Economics and Political Science, and a law degree from the University of New Brunswick.

Kerry Mader

Mr. Kerry Mader serves as Chief Business Operations Officer of Hudson's Bay Co. He was appointed Chief Business Operations Officer in November 2017. Previously, Mr. Mader served as Executive Vice President, Store Planning and Operations since June 2017, and prior to that as Executive Vice President of Store Planning, Construction and Design from June 2013. His prior role was as Senior Vice President of HBC Specialty, responsible for Home Outfitters. In his current role, Mr. Mader is responsible for Store Planning, Design, Construction, Facilities, Operations & Visual Merchandising. A graduate of the UBC Retail Executive Development Program and the Babson College School of Executive Education in Strategic Planning and Management in Retailing, Mr. Mader’s accomplishments include a Lifetime Achievement Award from Frontier School Division.

Janis Leigh

Ms. Janis Hamilton Leigh serves as Chief Human Resource Officer of the Company. She was appointed Chief Human Resources Officer in June 2017. Prior to this appointment, Ms. Leigh held the role of Senior Vice President, Human Resources and Organizational Development, HBC from February 2015 to May 2017. Ms. Leigh has 20 years of Human Resources experience gained in progressive roles at HBC; establishing strong trusted relationships and partnering effectively on the integration of organizational structures, the development of strong leadership teams, and the building of bench strength. Ms. Leigh holds a Bachelor of Social Sciences with a concentration in Political Science from the University of Ottawa.

David Schwartz

Mr. David J. Schwartz serves as Executive Vice President, General Counsel, Corporate Secretary of the Company since September 2016. Prior to joining HBC, Mr. Schwartz served as EVP, General Counsel of Toys “R” Us, Inc. (“Toys”) for over a decade. Mr. Schwartz has extensive legal and regulatory affairs experience in international retail, spanning real estate, intellectual property, litigation, regulatory compliance and securities. Mr. Schwartz holds a JD from University of Pennsylvania Law School. He also holds an MBA from Columbia Business School and a Bachelor of Arts degree in economics from Duke University.

Janet Schalk

Ms. Janet M. Schalk serves as Chief Technology Officer of the Company. She was appointed Chief Technology Officer in June, 2017. Prior to joining HBC, Ms. Schalk led the technology strategy at Kohl’s Corporation as Executive Vice President and CIO. Previously, she served as Kohl’s Senior Vice President of Business Applications. Before joining Kohl’s, Schalk held various executive positions at Target Corporation, including four years as Executive Vice President of Global IT and Chief Information Officer. Ms. Schalk holds a Master’s degree in business and finance from The University of Chicago Booth School of Business and a Bachelor of Arts degree in mathematics and economics from Northwestern University.

Todd Zator

Mr. Todd Zator serves as Chief Accounting Officer of the Company since March 2014. Mr. Zator was previously the Senior Vice President, Controller, of Hudson’s Bay Company. Prior to working with the Company, Mr. Zator held senior roles in finance and accounting, and most recently as Senior Vice President and Corporate Controller of Valeant Pharmaceuticals International Inc. Mr. Zator holds a Bachelor of Arts degree in Commerce and Economics from the University of Toronto and is a member of the Chartered Professional Accountants Canada.

Bari Harlam

Ms. Bari Harlam serves as Chief Marketing Officer of the Company. She was appointed Chief Marketing Officer in April 2018. Prior to joining HBC, Ms. Harlam served as the Executive Vice President of Membership Marketing for BJ’s Wholesale Club. Prior to that, she was the Chief Marketing Officer of Swipely (now Upserve). Before Swipely, she served as the Senior Vice President of Marketing for CVS Health Corporation, where she built and launched CVS/pharmacy’s ExtraCare program, the largest retail loyalty program in the world. Ms. Harlam has an established academic career having served on the Faculty of Marketing at The Wharton School, University of Pennsylvania, Columbia’s Graduate School and the University of Rhode Island. She serves as a Board Director for Eastern Bank. Ms. Harlam received her B.S., Masters, and Ph.D. from The University of Pennsylvania, The Wharton School.

David Leith

Mr. David G. Leith serves as Lead Independent Director of the Company. He is the Chair of the Board of the Investment Management Corporation of Ontario (IMCO). He is also a Director of Yellow Pages Limited. Mr Leith served as the Chair of the board of directors of the Manitoba Telecom Services Inc. from 2010 to 2017. Mr. Leith served as Deputy Chairman and Head of Investment, Corporate and Merchant Banking at CIBC World Markets from 2007 to 2009. Previously at CIBC World Markets, Mr. Leith served as Managing Director and Head of Canadian Investment and Corporate Banking from 2004 to 2007, and Managing Director and Head, Debt Origination from 1999 to 2004. Mr. Leith graduated from the University of Toronto with a B.A. and holds a Master’s degree from Cambridge University.

Robert Baker

Mr. Robert C. Baker serves as Director of Hudson’s Bay Company. He is the Chief Executive Officer, Chairman of the Board of NRDC, one of the largest privately owned real estate development companies in the United States. NRDC manages and controls approximately 22 million square feet of retail space in over 70 centers located in the northeastern United States. Mr. Baker also formerly acted as a Director of City & Suburban Savings Bank, a New York state based bank and formerly acted as a Director of Retail Opportunity Investments Corp. Mr. Baker is a graduate of Yale University and Yale Law School.

Eric Gross

Mr. Eric Gross serves as Director of the Company. He was an early investor in WeWork and has been with WeWork full time since early 2015, where he currently serves as a member of the Management Committee of WeWork Property Investors. Prior to joining WeWork, Mr. Gross spent 15 years managing investments in the hedge fund industry for Citadel Investment Group, Highbridge Capital Management and George Weiss Associates. His focus was on long/short global equities in the consumer sector. Mr. Gross has a B.S. from the School of Hotel Administration at Cornell University and an MBA from Columbia University.

Steven Langman

Mr. Steven M. Langman serves as Director of the Company. He is co-founded Rhône in 1996 and has led the day to day management of the firm since inception. Rhône is an alternative asset manager in private equity, real estate and venture capital. He serves on all of the Investment Committees of Rhône’s capital pools, including WeWork Property Investors and Rhône’s real estate joint venture with WeWork. Prior to joining Rhône, Mr. Langman was a Managing Director of Lazard Frères, where he specialized in mergers and acquisitions. Before joining Lazard Frères, Mr. Langman worked in the mergers and acquisitions department of Goldman Sachs. He has more than three decades of experience financing, analyzing and investing in public and private companies, as well as serving on the boards of a number of Rhône portfolio companies. In addition to HBC, Mr. Langman currently serves on the board of directors of CSM Bakery Solutions, Zodiac Pool Solutions, Vistajet and WeWork. He also serves as a director and advisor to a number of philanthropic and educational institutions. Mr. Langman received a B.A. with highest honors from the University of North Carolina at Chapel Hill and a M.Sc. from the London School of Economics.

Lee Neibart

Mr. Lee Stuart Neibart serves as Director of Hudson’s Bay Company. He is Chief Executive Officer of HBS Global Properties, the real estate joint venture formed between Hudson’s Bay Company and Simon Property Group. He is also Partner and Chairman of the Real Estate Group of Ares Management LLC. Mr. Neibart serves on the Ares Real Estate Management Committee and is a member of the Ares Real Estate Group’s U.S. Equity. Mr. Neibart joined Ares Management LLC in July 2013 from AREA Property Partners, where he was a Global CEO from 1993 to 2013. From 1989 to 1993, Mr. Neibart was with the Robert Martin Company, a real estate development and management firm, most recently serving as Executive Vice President and Chief Operating Officer. Mr. Neibart graduated from the University of Wisconsin with a B.A. and holds a Master of Business Administration degree from New York University.

William Mack

Mr. William L. Mack serves as Independent Director of Hudson's Bay Company. He has served as a member of the board of directors of Mack-Cali Realty Corporation since 1997 and as its Chairman since 2000. Since 1964, Mr. Mack has served as President and Senior Managing Partner of The Mack Company, where he pioneered the development of large, Class A office properties and helped to increase The Mack Company’s portfolio to approximately 20 million square feet. In addition, Mr. Mack is the founder and chairman of Mack Real Estate Group. Mr. Mack is a director of FCB Financial Holdings. Mr. Mack was the founder and chairman of AREA Property Partners and remained with them until 2013. Mr. Mack previously served as a member of the boards of directors of City and Suburban Financial Corporation from 1988 to 2007, The Bear Stearns Companies Inc. from 1997 to 2004, Vail Resorts, Inc. from 1993 to 2004 and Wyndham International, Inc. from 1999 to 2005. Mr. Mack is a Vice Chairman of the Northwell Health and Chairman of the Board for the Solomon R. Guggenheim Foundation. He is the Chairman Emeritus of the board of overseers of The Wharton School of Business and Finance at the University of Pennsylvania and is also former Vice Chair of the Board of Trustees of the University of Pennsylvania. Mr. Mack attended The Wharton School and holds a Bachelor of Science degree in business administration, finance and real estate from New York University.

Wayne Pommen

Mr. Wayne Pommen serves as Independent Director of Hudson’s Bay Company. He is the President and CEO of PayBright / Health Smart Financial Services. Mr. Pommen is also a director of IOU Financial Inc. Previously, Mr. Pommen was a Principal at TorQuest Partners, one of Canada’s leading private equity firms, and a management consultant with Bain & Company in the United Kingdom, the United States, and Canada. Mr. Pommen also served as a strategy director at BPP Holdings plc, a publicly listed provider of professional education in the United Kingdom and Europe. Mr. Pommen holds a Ph.D. from the University of Cambridge and an A.B. from Harvard University. Mr. Pommen has also completed the Directors Education Program of the Institute of Corporate Directors and has received his ICD.D designation.

Earl Rotman

Mr. Earl Rotman serves as Independent Director of Hudson’s Bay Company. He is Chairman of Venator Capital Management Ltd. Prior to joining Venator Capital Management Ltd., Mr. Rotman was a co-founder and partner at RedBird Capital Partners. Mr. Rotman was also a co-founder of Genuity Capital Markets, and became the Vice Chairman, Investment Banking, at Canaccord Genuity Corp. between 2010 and 2013 after it was acquired by Canaccord. Prior to co-founding Genuity Capital Markets, Mr. Rotman was a Vice Chairman of CIBC World Markets where he was a member of both the Canadian and U.S. Investment Banking Operating Committees and the Merchant Banking Investment Committee. Mr. Rotman is also a Trustee of the Art Gallery of Ontario Foundation, Chairman of Eleventy USA LLC and a director of Champion Petfoods (GP) Ltd. Mr. Rotman attended the University of Toronto and holds a JD from Osgoode Hall Law School. Mr. Rotman is a member of the Law Society of Upper Canada.

Matthew Rubel

Mr. Matthew Evan Rubel serves as Independent Director of Hudson's Bay Company. He is the former President and CEO of Varsity Brands, where he served from 2016 to 2017. Previously, Mr. Rubel was a senior advisor to leading private equity firms, TPG Capital and TPG Growth as well as Roark Capital until 2016. Mr. Rubel was the Chairman, CEO and President of Collective Brands, Inc. where he served from 2005 to June 2011. Prior to joining Collective Brands, Inc., Mr. Rubel was the Chairman, President and CEO of Cole Haan. He has led multiple other retail and trend related consumer brands globally. He currently serves as Executive Chairman of the board of directors at KidKraft, Inc. and as the Lead Independent Director of The Joint Corporation. Mr. Rubel also serves on the board of directors of TreeHouse Foods, Inc. and as a Presidential Appointee to the White House Advisory Council on Trade Policy Negotiation. In the area of Digital Technology, Mr Rubel is a Senior Advisor to Retail Next, Celect and First Insight. Mr. Rubel is active in several industry and civic organizations, including the Jay H. Baker Initiative at The Wharton School of the University of Pennsylvania, the Young Presidents’ Organization, the American Ballet Theatre and President’s Council at the University of Miami as well as the Board of the University of Miami Business School. Mr. Rubel graduated with a Bachelor of Science degree from Ohio University and a Master of Business Administration degree from the University of Miami.

Andrea Wong

Ms. Andrea L. Wong serves as Independent Director of the Company. She was the President of International Production, Sony Pictures Television, and President, International, Sony Pictures Entertainment from 2011 to 2017. In such roles, she was responsible for the studio’s international TV production business, overseeing creative teams outside the United States as well as 18 owned and joint venture international production companies around the world. Ms. Wong is a Henry Crown Fellow at the Aspen Institute, serves as a Governor of the British Film Institute, is on the Advisory Council at the Stanford Graduate School of Business and is a Trustee of the Royal Academy of Arts. In addition to Hudson’s Bay Company, Ms. Wong currently serves on the Board of Directors of Hudson Pacific Properties, Inc., Liberty Media Corporation and Qurate Retail Group. Ms. Wong also currently serves on the advisory board of The RightsXchange. Ms. Wong holds a Master of Business Administration degree from Stanford University and a Bachelor of Science in Electrical Engineering from Massachusetts Institute of Technology.