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HBC CEO honored as 'father of the year'

1/26/2016

The leader of Hudson's Bay Company is also being recognized for his leadership on children's causes.


HBC CEO Jerry Stotch has been honored as a 2016 “Father of the Year.”


“This marks a significant year for the Council as we celebrate our 75th Anniversary honoring some of the country’s most well-respected and exemplary fathers,” said Dan Orwig, chairman of the National Father’s Day Committee and group president of Men’s Division for Itochu Prominent USA. “On such a landmark occasion, we are thrilled to recognize Storch – a revered and incredibly accomplished retail leader among his peers, who stands out as an exceptional role model to fathers everywhere.”



Storch is a highly-accomplished retail executive with a proven track record of growing retailers through digital and traditional channels throughout a career spanning 30 years in retail management and consulting. At HBC, Storch oversees the company’s retail banners, comprised of Saks Fifth Avenue, Lord & Taylor, Hudson's Bay, Home Outfitters, Saks OFF 5TH, Find @ Lord & Taylor, GALERIA Kaufhof, Sportarena and Galeria INNO. He also provides leadership for HBC Digital in advancing the company’s all-channel capabilities.


Before joining HBC, Storch served as chairman and CEO, Toys"R"Us, Inc., where he transformed the company into a $13 billion global retailer, including growing its e-commerce business to over $1 billion. Prior to his tenure at Toys"R"Us, he served as vice chairman of Target where he launched and oversaw the growth of Target.com, and founded and ran Target's grocery business, as well as the company’s Financial Services and credit card business.



Previously, Storch was a principal at McKinsey & Co. for 11 years, advising Fortune 500 retail, consumer goods and financial services clients. He is non-executive chairman of the board of Supervalu and a director of both Bristol Myers Squibb and Fanatics.



The National Father’s Day Council celebrates national leaders whose lives are dedicated to family, citizenship, charity, civility, responsibility and reverence.




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