BJ's Wholesale Club, Inc. Announces the Appointment of Lee Delaney as Executive Vice President, Chief Growth Officer
WESTBOROUGH, Mass., May 5, 2016 -- BJ's Wholesale Club, Inc. (BJ's) announced today that Lee Delaney has been appointed Executive Vice President, Chief Growth Officer effective May 9, 2016. Mr. Delaney will be responsible for the Company's merchandising and supply chain organization, and will report directly to BJ's President and CEO Chris Baldwin.
"I am very excited to welcome Lee to the BJ's team," said Chris Baldwin, President and CEO of BJ's Wholesale Club. "Lee's strategic capability, extensive experience and high credibility in the industry make him a perfect fit for our team. With a talented merchant organization already in place, adding Lee to our team will ensure that we will not only maintain but accelerate our progress."
Prior to joining BJ's, Mr. Delaney was a partner in the Boston office of Bain & Company, and a leader in the firm's Consumer Products practice. While at Bain, Mr. Delaney advised clients on corporate strategy, created new market entry plans, supported client acquisitions, and advised on large cost reduction programs. Prior to joining Bain in 1996, Mr. Delaney worked for Electronic Data Systems and Deloitte Consulting advising clients on a variety of engagements.
"I am delighted and feel privileged to have the opportunity to join the BJ's team," Delaney said. "BJ's holds a unique position in the wholesale club retail channel. I look forward to working with BJ's executives, merchants, and all of BJ's Team Members to unlock the tremendous value I see in this segment of the market."
Cameron Breitner, Partner of CVC Capital Partners, said, "We are delighted to welcome Lee to the BJ's team. Lee is highly regarded in the retail industry for developing growth strategies for retail and consumer products companies. We are confident in Lee's ability to translate strategy and vision into execution, and couldn't be more pleased to have him join the BJ's team."
Jonathan Seiffer, Senior Partner at Leonard Green & Partners, said, "Lee is a proven leader in the retail industry. He has broad and deep experience with realizing the value in a business, and we look forward to partnering with him and the BJ's leadership team to further establish BJ's as a leading player in the U.S. retail landscape."
About BJ's Wholesale Club, Inc.
Headquartered in Westborough, Massachusetts, BJ's is the leading operator of membership warehouse clubs in the Eastern United States. The company currently operates 213 clubs and 128 BJ's Gas® locations 15 states.
BJ's provides great value in a one-stop shopping destination filled with top-quality, leading brands including its exclusive Wellsley Farms and Berkley Jensen brands along with USDA Choice meats, premium produce and delicious organics in many supermarket sizes. BJ's is also the only membership club to accept all manufacturers' coupons and, for greater convenience, offers the most payment options.
BJ's is wholly owned by affiliates of Leonard Green & Partners, CVC Capital Partners and its management team.
SOURCE BJ's Wholesale Club, Inc.