Marlborough, Massachusetts-based BJ’s Wholesale Club Holdings and its board of directors has appointed President and CEO Bob Eddy as chairman of the board, effective June 15.
Eddy will succeed Chris Baldwin, who will remain as a director.
“We have observed Bob’s clear passion for the company in the boardroom, as well as through the successful execution of our long-term vision,” said Rob Steele, the board’s lead independent director.
“We believe that Bob’s role as chairman and CEO will further strengthen the collaborative relationship between management and the board, balanced with appropriate oversight embodied in our independent directors and in my role as lead independent director. I look forward to continue working with Bob as chairman.”
Eddy, who has served on the board of directors since 2021, joined the company in 2007. He was named EVP and CFO in 2011 and served as EVP, chief financial and administrative officer from 2018 to April 2021 when he was appointed president and CEO. Prior to joining BJ’s, Eddy served retail and consumer products companies as a member of the audit and business advisory practice of PricewaterhouseCoopers in Boston and San Francisco.
“Bob’s strong leadership, strategic vision and deep commitment to BJ’s have played an integral role in the transformation of our business over the years,” Baldwin said.
“Having worked closely with Bob over the past eight years, both as a fellow director and as part of the management team, I am confident that the combination of his leadership as chief executive officer and guidance as chairman positions the company well for long-term growth and value creation.”
BJ’s Wholesale Club Holdings is an operator of membership warehouse clubs in the Eastern United States focused on delivering value to its members. The company provides an assortment of grocery, general merchandise, gasoline and ancillary services to offer a differentiated shopping experience that is further enhanced by its omnichannel capabilities. The company operates 237 clubs and 167 BJ’s Gas locations in 18 states.
For more information, visit BJs.com.