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Hudson’s Bay on hunt for a new president

Hudson’s Bay Company is losing one of its longtime executives.

Hudson’s Bay Company said Alison Coville will step down as president of Hudson’s Bay and Home Outfitters, effective March 1st, 2019. Coville, who joined HBC in 1999 and has held leadership positions since 20015, was named president of Hudson’s Bay in June 2017. Her resignation comes on the heels of HBC’s announcement that it plans to shutter the 38-store Home Outfitters division.

The company has retained an executive search firm to recruit a new president of Hudson’s Bay. The division will be led by key executives from the HBC team, under the direction of CEO Helena Foulkes, until a permanent successor is found.

“We are grateful to Alison for her dedication and contributions to Hudson’s Bay,” said Foulkes. “Over her long tenure with the company she served in a number of roles with increasing responsibility while successfully maintaining a constant focus on serving the Canadian consumer. With a proud Canadian heritage and national footprint, Hudson’s Bay has a right to win in the marketplace and there is a tremendous opportunity to build on our strength as the country’s preeminent multi-category retailer.”

Founded in 1670, HBC is the oldest company in North America. HBC's portfolio includes 350 stores around the world, including Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Saks Off 5th.
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