Company Press Release
Westborough, MA (August 31, 2015) – BJ’s Wholesale Club, Inc. (BJ’s) announced today that Christopher J. Baldwin has been named President and Chief Operating Officer, effective September 8, 2015. Mr. Baldwin will have responsibility for business operations including Merchandising, Logistics, Membership, Marketing, and Club Operations and will also join BJ’s Board of Directors.
“I am very excited to welcome Chris to the BJ’s team,” said Laura Sen, BJ’s CEO. “Chris’ record of excellence in leading large and successful organizations in the retail and consumer sectors will help us to build upon BJ’s strong heritage of offering a distinctive shopping experience and deep value proposition to BJ’s millions of loyal members.”
Baldwin brings more than 30 years of experience as an executive in the retail and consumer products industries. Before joining BJ’s, he was most recently CEO of Hess Retail Corporation, an operator of over 1,300 fuel and convenience stores on the East Coast prior to its successful sale to Marathon Petroleum Corporation. Before joining Hess, Baldwin served in a variety of leadership roles including President of Snacks at Kraft Foods (Nabisco), President of North America at the Hershey Company, and several executive roles at Procter and Gamble.
“I am privileged and excited to have the opportunity to join BJ’s terrific team,” Baldwin said. “BJ’s operates a unique and well positioned model within the very exciting wholesale club retail channel. I look forward to working with BJ’s executives, team members, and its Board of Directors to help bring value to all our stakeholders.”
Cameron Breitner, Partner of CVC Capital Partners, said, “We are delighted to welcome Chris Baldwin to the BJ’s team. Over a long career in the retail and consumer sectors, Chris has proven himself to be an outstanding and innovative leader at a number of great companies, and we expect him to make similar contributions at BJ’s.”
Jonathan Seiffer, Senior Partner at Leonard Green & Partners, said, “BJ’s has been a highly successful investment since the take-private transaction in 2011. Our firm has a deep history of investing in outstanding retail businesses, and we believe that the addition of Chris Baldwin to the BJ’s team will help to further establish BJ’s as a leading player in the U.S. retail landscape.”
About BJ’s Wholesale Club, Inc.
BJ’s is dedicated to providing members with high-quality, brand-name food and merchandise at prices that are significantly lower than supermarkets, supercenters, department stores, drug stores and specialty retail stores. BJ’s carries the most product variety of any wholesale club with more than 7,000 items, including supermarket-sized staples, USDA Choice meats, all-natural and certified organic products and stock-up items. BJ’s is the only wholesale club to accept all manufacturers’ coupons and for greater convenience, offers the most payment options including EBT.
Headquartered in Westborough, Massachusetts, BJ’s wholesale Club, Inc. is a leading operator of warehouse clubs in the eastern United States. The Company operates 208 clubs and 123 gas stations in 15 eastern states. Learn more and shop online at BJs.com or for exclusive content visit BJ’s Facebook and BJ’s Twitter.
BJ’s is wholly owned by affiliates of Leonard Green & Partners, CVC Capital Partners and its management team.
CONTACT: Robert Eddy, Chief Financial Officer, (774) 512-5950, email@example.com