Hudson's Bay Company Appoints Janet Schalk as Chief Information Officer

TORONTO--()--Hudson's Bay Company ("HBC") (TSX:HBC)is pleased to announce the appointment of Janet Schalk to Chief Information Officer. In this role, Ms. Schalk will be responsible for leading the information technology strategy for HBC, while continuing to drive the Company’s roadmap of common systems, integrated support, business architecture and analytics. Ms. Schalk brings more than 10 years of senior leadership experience in the information technology field and is a recognized leader in innovation and emerging technologies, with a strong foundation in customer service.

“Janet is a proven leader, and her success in creating a strategic information technology function that drives customer engagement across all channels will be critical in advancing HBC’s IT systems and supporting the Company’s growth,” stated Jerry Storch, Chief Executive Officer, Hudson’s Bay Company. “We look forward to welcoming Janet to HBC and moving ahead with our plans for innovation and growth.” Ms. Schalk joins HBC’s Executive Leadership Team and will report directly to the Office of the Chairman, comprising Richard Baker, Chairman and Governor, and Jerry Storch, CEO.

Prior to joining HBC, Ms. Schalk served as Executive Vice President and CIO for Kohl’s. Previous to Kohl’s, Ms. Schalk spent four years as EVP and head of Global IT for Target Corporation.

Ms. Schalk holds an MBA from the University of Chicago Graduate School of Business and a Bachelor of Arts degree in Mathematics and Economics from Northwestern University.

About Hudson's Bay Company
Hudson's Bay Company, founded in 1670, is North America's oldest company. Today, HBC offers customers a range of retailing categories and shopping experiences primarily in the United States and Canada. Our leading banners – Hudson's Bay, Lord & Taylor, Saks Fifth Avenue and Saks Fifth Avenue OFF 5TH – offer a compelling assortment of apparel, accessories, shoes, beauty and home merchandise. Hudson’s Bay is Canada's most prominent department store with 90 full-line locations, two outlet stores and thebay.com. Lord & Taylor operates 50 full-line locations primarily in the northeastern and mid-Atlantic U.S., four Lord & Taylor outlet locations and lordandtaylor.com. Saks Fifth Avenue, one of the world's pre-eminent luxury specialty retailers, comprises 38 U.S. stores, five international licensed stores and saks.com. OFF 5TH offers value-oriented merchandise through 85 U.S. stores and saksoff5th.com. The Company also operates Home Outfitters, Canada's largest kitchen, bed and bath specialty superstore with 67 locations. Hudson’s Bay Company trades on the Toronto Stock Exchange under the symbol “HBC”.

Contacts

Media Contact:
Hudson's Bay Company
Tiffany Bourré, 905-595-7184
Director, External Communications
tiffany.bourre@hbc.com
or
Investor Relations:
416-256-6745
investorrelations@hbc.com

Contacts

Media Contact:
Hudson's Bay Company
Tiffany Bourré, 905-595-7184
Director, External Communications
tiffany.bourre@hbc.com
or
Investor Relations:
416-256-6745
investorrelations@hbc.com