In what came as a surprise move, The Hudson’s Bay Company made some changes to it’s management team today, June 18, 2013. The change has resulted in president Bonnie Brooks to step down and move upstairs to the role of vice-chair of the board of directors. Liz Rodbell is set to take over the president’s job.
Canada’s oldest retailer announced the changes in a press release Tuesday. Both individuals will report directly to company chairman Richard Baker.
“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,” Baker said in a statement.