June 18, 2013
HBC Announces Changes in Executive Structure
Bonnie Brooks to Become Vice Chairman
Liz Rodbell Named President
TORONTO, June 18, 2013 (GLOBE NEWSWIRE) -- Hudson's Bay Company, owner of retailers Hudson's Bay, Home Outfitters
and Lord & Taylor announced changes today to the company's executive structure. Bonnie Brooks, President of Hudson's Bay
Company, has been appointed Vice Chairman, Hudson's Bay Company. Liz Rodbell, Executive Vice President, Chief Merchant
for Hudson's Bay Company, will become President, Hudson's Bay Company.
Both Ms. Brooks and Ms. Rodbell will report to Richard Baker, Chairman and Chief Executive Officer of Hudson's Bay
Company. The transition, beginning today, will be completed by the company's year-end in January 2014.
"This new structure will continue to drive our long term growth strategy, as we build upon the Company's momentum toward
revitalizing its banners and product offerings, and strengthening the customer experience," said Mr. Baker.
In her new role, Ms. Brooks will also act in an advisory capacity to Mr. Baker and the company's Board of Directors. She will
continue to provide input into both the Hudson's Bay and Lord & Taylor businesses.
Ms. Rodbell was appointed Executive Vice President, Chief Merchant, of Hudson's Bay Company in February, 2012 where she
led the merchant integration of the Lord & Taylor and Hudson's Bay banners and successfully drove a repositioning of the
buying group. She joined Lord & Taylor in 1985 and has held management positions of increasing responsibility. Since 1992,
she has served as an SVP, GMM over various merchandising assignments, culminating in EVP, Merchandising from 2008 —
2012, before taking on her current responsibilities.
About Hudson's Bay Company
Hudson's Bay Company (HBC), founded in 1670, is North America's longest continually operated company. In Canada, HBC
operates Hudson's Bay, Canada's largest department store with 90 locations, unsurpassed in its fashion, beauty, home and
accessory designers and brands, as well as thebay.com. HBC also operates Home Outfitters, Canada's largest home specialty
superstore with 69 locations across the country. In the United States, HBC operates Lord & Taylor, a department store with 48
full-line store locations throughout the northeastern United States and in two major cities in the Midwest, and lordandtaylor.com.
With approximately 29,000 Associates in Canada and the U.S., Hudson's Bay Company banners provide stylish, quality
merchandise at great value, with a dedicated focus on service excellence. Hudson's Bay Company trades on the Toronto Stock
Exchange under the symbol "HBC".
CONTACT: INVESTOR RELATIONS:
Lucas Evans
Senior Vice President and Treasurer
Hudson's Bay Company
Phone: 416-861-4444
Email: [email protected]
MEDIA CONTACTS:
Canada:
Freda Colbourne
Phone: 416-560-7794
Email: [email protected]
United States:
Andrew Blecher
Lividini
Phone: 646-443-2066
Email: [email protected]