BJ’s Wholesale Club has named current CEO Christopher J. Baldwin as executive chairman and appointed Lee Delaney to succeed Baldwin as CEO. In addition, Thomas A. Kingsbury, the former CEO of Burlington Stores, Inc., has been appointed to the board. The changes are effective February 2, 2020.
“Lee’s strategic vision and leadership have been instrumental in the transformation of BJ’s Wholesale Club,” Baldwin said. “We’re on track to deliver our fourth consecutive year of record earnings with strong cash flow and membership at historic levels. Lee’s knowledge of all areas of our business and strong record of driving profitable growth make him the ideal leader for our company. I look forward to working closely with Lee to ensure a smooth transition as we continue our transformation.”
Related: BJ's Wholesale Club Joins Sustainable Seafood Initiative; BJ's Expands Instacart Same-Day Delivery Service.
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