TORONTO-Donald Watros, chief operating officer for Hudson’s Bay, has assumed the additional responsibilities of acting chief financial officer for the retail company. Effective today, Michael Culhane, Hudson’s Bay’s chief financial officer, is on a personal leave of absence from the company. A Hudson’s Bay statement provided no other details on these moves.
TORONTO-Hudson’s Bay Co. has named Marigay McKee, chief merchant of U.K. department store Harrods, president of Saks Fifth Avenue, which Hudson’s Bay is in the process of acquiring. The appointment will take effect when Hudson’s Bay closes on its Saks acquisition, which is expected to take place at the end of the calendar year. The … More »