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The Bombay Company declares new CEO

06 Jun '06
2 min read

The Bombay Company Inc announced, effective, the hiring of Mr. David B. Stewart as Chief Executive Officer. Mr. Stewart, 67, joins Bombay after having served as President of Blockbuster Video Canada Inc from 2000 to April 2006, where he successfully led a turnaround followed by a strong growth of the company's store network and profits during a very difficult period for the Canadian video rental industry.

Mr. Stewart brings over 35 years of retailing experience having served in key management and merchandising positions at various specialty retailers and department stores in the US and Canada. He will also serve as a member of the Board of Directors.

From 2000 to 2006, Mr. Stewart was the President of Blockbuster Video Canada, Inc., a subsidiary of Blockbuster Inc, which operates over 440 home entertainment specialty stores in Canada.

From 1997 to 2000, he was President and CEO of Marks & Spencer (Canada), a subsidiary of Marks and Spencer Group plc, a retailer of mid-priced clothing, food and household items, where he led a strategic repositioning and profit turnaround and ultimately the wind down of the 50 store Canadian operations.

From 1993 to 1997, he was the President and CEO of UCS Group, a multi-concept national specialty retail chain with over 500 stores in Canada, where he was credited with returning the company to profitability, developing a more streamlined organization and managing the company through a change of control toa European buyer.

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