People: Hudson's Bay Co (HBC.TO)
16 Jul 2018
Mr. Edward J. Record serves as Chief Financial Officer of the Company since August 28, 2017. With more than 25 years of experience, Mr. Record has overseen financial and operational performance for several large, national retailers. He joins HBC after more than three years as Chief Financial Officer for J. C. Penney Company, Inc. (“JCP”). During his time with JCP, Record helped dramatically improve JCP’s capital structure, reduce its debt leverage and significantly improve its credit rating through multiple upgrades. Prior to JCP, Record most recently served as Executive Vice President, Chief Operating Officer of Stage Stores, and previously as its Chief Financial Officer. While at Stage Stores, Record was in charge of overseeing all of the store locations and operations, IT, real estate, e-commerce, logistics, construction, legal and risk management aspects of the business in addition to leading its off price division. Record has also held executive leadership positions in finance at Kohl’s and Belk. Record began his extensive career in retail at Kaufmann’s, a division of The May Department Store Company, holding various roles across the finance department, ultimately working his way up to VP of Finance and Controller. Record earned an AB in Economics from Princeton University in 1990 and an MSIA in Finance from Carnegie Mellon University in 1995.
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