BJ's Wholesale Club Holdings Inc logo

BJ - BJ's Wholesale Club Holdings Inc News Story

$45.86 -0.8  -1.8%

Last Trade - 07/05/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £4.50bn
Enterprise Value £5.28bn
Revenue £11.04bn
Position in Universe 1237th / 6858

UPDATE 1-BJ's Wholesale Club CEO Lee Delaney dies unexpectedly

Fri 9th April, 2021 3:08pm
(Adds details on Delaney)
    April 9 (Reuters) - BJ's Wholesale Club Holdings Inc  BJ.N 
said on Friday Chief Executive Officer Lee Delaney had died
unexpectedly due to presumed natural causes.    
    Bob Eddy, who has been the company's finance chief since
2011, will take over as CEO on an interim basis, the wholesale
retailer said.
    Delaney, a former Bain Capital partner, took over as BJ's
CEO in early 2020, guiding it through the COVID-19 crisis and
the ensuing supply challenges driven by consumers stockpiling
everything from cleaning supplies and toilet paper to fresh
meat.
    He was 48, according to MarketScreener.   
    "We expect to announce permanent changes to our leadership
within a reasonably short timeframe," Executive Chairman
Christopher Baldwin said.
    

 (Reporting by Uday Sampath in Bengaluru; Editing by Devika
Syamnath)
 ((UdaySampath.Kumar@thomsonreuters.com; within U.S.+1 646 223
8780; Twitter: https://twitter.com/sampath_uday  ;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.