Hudson's Bay names new executive vp/cfo
February 26, 2001,
TORONTO -Hudson's Bay Company has announced that Michael Rousseau will join the company as executive vp and cfo effective March 5.
With a 16-year career in corporate finance, primarily in retail, Rousseau was most recently senior vp and cfo of a U.S.-based multinational company. He also held senior finance positions with a number of retail companies, based here, including The UCS Group and Silcorp Limited.
"Hudson's Bay Company has recruited a competent and experienced individual to assume the role of chief financial officer and a worthy successor to the outstanding legacy of Gary Lukassen," said George Heller, president and ceo. "Michael Rousseau's retail background and knowledge of the Canadian public markets will be a tremendous asset as he assumes his new role and a great addition to our executive team."
The company, also known as The Bay, was established in 1670 and is Canada's largest department store retailer and oldest corporation.