Richard Baker, Governor of Hudson's Bay Company, announced that Jeffrey Sherman will be appointed Chief Executive Officer of Hudson's Bay Company.
Sherman joins Hbc from the Polo Ralph Lauren Corporation, where he held the position of President and Chief Operating Officer, Polo Retail Group. At Polo Retail Group Sherman was responsible for overseeing operations of the company's global owned retail stores in the U.S., Europe and Asia, the global Polo outlet division, Rugby, Club Monaco and ralphlauren.com.
Previous experience also includes Chief Executive Officer of The Limited stores, the 360+ store heritage division of Limited Brands Inc. and President, Chief Operating Officer of Bloomingdales, Federated Department Stores. At Federated, Sherman had a 30-year career rising through the ranks to the Chief Executive Officer and Chairman, Federated Direct when he left to join The Limited.
“I am delighted to have someone with Jeff's caliber lead our team at Hbc,” said Richard Baker, Governor of Hudson's Bay Company. “His experience at Polo, Bloomingdales/Federated and The Limited is unparalleled in the industry and he will bring a wealth of retailing expertise to the Canadian retail marketplace.”
Sherman will be responsible for all of the Hbc banners in Canada: The Bay, Zellers, Home Outfitters and Fields.
“I am excited about the opportunity to work with Hbc's strong management team and grow the Hbc operations in Canada,” said Sherman. “The Hbc brand is a great Canadian icon and I am truly honoured to be leading this company.”