HBC Appoints Culhane Chief Financial Officer

Hudson’s Bay Company (HBC) has appointed Michael Culhane as chief financial officer. Culhane brings more than 30 years of finance and accounting experience primarily in the retail sector.

Hudson’s Bay Implements Reorganization Plan

Following a first quarter in which retail sales were down low-single digits, Hudson’s Bay has named a new president of its Canadian division and is implementing a “transformational plan” that includes reducing 2,000 positions company wide.

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