BJ’s Wholesale Club has a new chief executive, as well as a new CFO, among other key executive appointments.
The company’s board has named Bob Eddy its new president and CEO and added him to the board. With Eddy, most recently BJ’s CFO, taking the top spot, Laura Felice has been named executive vice president and CFO.
Eddy was named interim CEO last week following the unexpected death of CEO Lee Delaney on April 9.
“Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics. We delivered industry-leading results this past year and made significant progress on each of our long-term strategic pillars under Lee’s leadership and we’ll continue to honor his legacy,” Christopher J. Baldwin, executive chairman of BJ’s Wholesale Club, said. “Looking ahead, the Board and I are confident that Bob is the right person to lead the company and to drive profitable growth and long-term shareholder value. We remain committed to accelerating our transformation and to delivering outstanding value and service to our members. Our management team is comprised of seasoned executives with deep talent and a breadth of experience in the retail and consumer industries. In addition to Bob’s appointment as President and CEO, we continue to strengthen our team with accomplished leaders like Laura, Paul and Bill. This world-class team will continue to build on our existing momentum and fuel the next phase of growth for the company.”
In addition, Paul Cichocki, the current executive vice president of membership, analytics and business transformation, will be taking over the executive vice president, chief commercial officer role.
Bill Werner, the senior vice president of strategic planning and investor relations, has been appointed the new executive vice president, strategy and development, for the company.
“In the last year, we’ve truly transformed our business by every measure, and we continue to accelerate our strategic initiatives. I’m honored and humbled to lead this growing company and great team. We are a much stronger and better company today than we were at the time of our IPO in 2018,” Eddy said. “I look forward to continuing to work with Chris, our board of directors and our entire leadership team, including Laura, Paul and Bill, to build on this momentum and take advantage of the opportunities ahead of us.”